TimeLine of Maruti Udyog Ltd

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1970
  • A private limited company named 'Maruti technical services private limited' (MTSPL) launched on November 16, 1970. The stated purpose of this company was to provide technical know-how for the design, manufacture and assembly of "a wholly indigenous motor car".
1971
  • In June, A company called 'Maruti limited' was incorporated under the Companies Act and Sanjay Gandhi became its first managing director. [1]
1977
  • 'Maruti limited' goes into liquidation.
1978
1980
  • On June, 23'rd, Sanjay Gandhi dies when a private test plane he was flying crashed.
1981
  • The Indian Central government at the behest of Indira Gandhi salvages Maruti limited and starts looking for an active collaborator for this company.
  • Maruti Udyog Ltd was incorporated under the provisions of the Indian Companies Act, 1956 [2]
1982
  • License and Joint Venture Agreement(JVA) signed between Maruti Udyog Ltd. and SMC of Japan
1983
  • Maruti 800, a 796 cc hatchback, India’s first affordable car, is released in the market.
  • Production was started under the JVA commences.
1984
  • Omni, a 796cc MUV, released.
  • Installed capacity of the plant in Gurgaon, reaches 40,000 units
1985
1986
  • Maruti 800 ( New Model-796cc, hatchback Car)
  • 100,000 vehicles produced by the company. [2]
1987
  • The company's first export, when a lot of 500 cars were sent to Hungary.
1988
  • Installed capacity is increased to 100,000 units in Gurgaon.
1990
  • Maruti 1000(970cc, 3 box), India’s first contemporary sedan is released into the market.
1991
  • 65 percent of the components, for all vehicles produced, are indigenised (produced locally)
  • Liberalisation of the Indian economy opens new opportunities but also brings more competition to segment.
1992
  • Suzuki increases its stake in Maruti to 50 percent, making the company a 50-50 JV with the Government of India the other stake holder.
1993
  • Zen(993cc, hatchback Car), which was later exported in Europe and elsewhere as the Alto
1994
  • Esteem1.3L (1298cc, 3 box car) LX released in market, Maruti's second sedan model.
  • Produced the 1 millionth vehicle since the production commenced. The first company in India to do so.
1995
  • Esteem1.3L (1298 cc, 3 box car) VX released in market.
  • Maruti 1000 production of Maruti 1000 stopped.
  • Second plant opened , installed capacity reached 200,000 units
1996
  • Five new models lanched:
    • Gypsy (E) (970cc, 4WD 8 seater)
    • Omni (E) (796cc, MUV, 8 seater)
    • Gypsy King (1298cc, 4WD, off road vehicle)
    • Zen Automatic (993cc, hatchback car)
    • Esteem 1.3L (1298 cc, 3 box Car) AX
  • Launch of 24-hour emergency on-road vehicle service, the first of its kind in the country.
  • United Front government formed, Murasoli Maran new Industries Minister.
1997
  • Government nominated Mr. S.S.L.N. Bhaskarudu as the Manging Director on August 27, as the then current Managing director, R.C.Bhargava, was completing his tenure. Creating a conflict with Suzuki
  • 1998 Esteem (1299cc, 3 box car) LX, VX and AX models released.
  • New Maruti 800 (796cc, hatchback Car) Standard and Deluxe released, the first change in design since 1986.
  • Two million vehicles produced.
1998
  • Zen D (1527 cc diesel, hatchback car) model released.
  • Zen VX & Zen VX Automatic model released.
  • New (Omni & Omni E) (796cc, MUV) model released.
1999
  • Six new releases:
    • Maruti 800 EX ( 796cc, hatchback car)
    • Zen LX (993cc, hatchback car)
    • Zen VXi (993cc, hatchback car with power steering)
    • Omni XL ( 796cc, MUV, high roof)
    • Baleno (1600cc, 3 Box Car) released. Advertised as 'Maruti Suzuki Baleno'
    • Wagon R launched in market.
2000
  • First car company in India to launch a Call Center for internal and customer services.
  • New Alto model released.
  • Altura, a luxury estate car released into the market.
  • IDTR (Institute of Driving Training and Research) launched jointly with the Delhi government to promote safe driving habits
2001
  • Zen LXi
  • Maruti True Value launched in Bangalore and Delhi
  • Maruti Versa, India’s first luxury multi-purpose vehicle launched.
  • Alto Spin LXi, with electronic power steering
  • Alto Vxi
  • Customer information centers launched in Hyderabad, Bangalore and Chennai
2002
  • WagonR Pride
  • Esteem Diesel. All other variants upgraded
  • Maruti Insurance. Two new subsidiaries started: Maruti Insurance Distributor Services and Maruti Insurance Brokers Limited
  • Alto Spin LXi, with electronic power steering
  • Special edition of Maruti 800, India’s first colour-coordinated car
  • Maruti True value in Mumbai
  • Maruti Finance in Mumbai with 10 finance companies
  • Suzuki Motor Corporation (SMC) increases its stake in Maruti to 54.2 percent
2003
  • New Suzuki Grand Vitara XL-7
  • Redesigned and all-new Zen
  • New upgraded WagonR
  • Enters into partnership with State Bank of India
  • 4 million vehicles Produced since start of production.
  • Maruti Udyog Ltd is Listed on BSE and NSE after a public issue, which is oversubscribed 10 times.
2004
  • New (non A/C) variant of Alto released.
  • Alto becomes India's new best selling car overtaking Maruti 800.
  • LPG variant of 'Omni Cargo'
  • Versa 5-seater, a new variant created
  • Baleno LXi, a new variant created
  • Esteem undergoes cosmetic changes and is re-launched with a price cut.
  • Maruti Udyog closed the financial year 2003-04 with an annual sale of 472122 units, the highest ever since the company began operations 20 years ago
2005
  • The fiftieth lakh (5 millionth) car rolls out in April, 2005
  • Growth in overall sales by 15.8%
  • Suzuki Swift(1298cc 87 BHP 4Dr Hatch) Introduced into the Indian Market.

[3]

[edit] See also

Main Ariticle on Maruti Udyog

[edit] References

  1. ^ a b --Newstime,May 10, 1999 Article:When Sonia violated Fera 'designing' road rollers - PI--
  2. ^ a b --The Maruti Udyog official Website Timeline Page --
  3. ^ --Maruti Udyog Website Timeline Page --

[edit] External links

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