Maruti Suzuki is Indian by birth and Japanese by ownership.
Control of Maruti Udyog passed from the Government of India to Suzuki.
Where it sits
Two levels. A figure marks a company boundary crossed; a word means the figure was never published.
Maruti Suzuki
45 years, two owners
The year is coloured by whoever held it at the time.
- 1981 Maruti Udyog Limited, later renamed Maruti Suzuki India Limited, was incorporated in February 1981 as a joint venture between the Government of India and Suzuki Motor Corporation.
- 2002 Control of Maruti Udyog passed from the Government of India to Suzuki. On 15 May 2002, after the Cabinet Committee on Disinvestment approved the sale, Suzuki signed a revised joint venture agreement with the government, took up the rights shares the government renounced, lifted its holding from 50 per cent to 54.2 per cent and paid the government Rs 10 billion as a control premium; the government, which had founded the company in 1981 and kept management control through the years of equal shareholding, described the transaction as exiting management control. The government's remaining shares went to the market in the 2003 listing and its 2007 exit. The seller was a state, which this dataset does not model.
Suzuki
2 marques
One bought majority, run from Hamamatsu: Suzuki controls India’s largest carmaker.
India 1
Maruti Suzuki
Japan 1
Suzuki