From Wikipedia, the free encyclopedia
- 1970
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- 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
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- In June, A company called 'Maruti limited' was incorporated under the Companies Act and Sanjay Gandhi became its first managing director. [1]
- 1977
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- 'Maruti limited' goes into liquidation.
- 1978
-
- 1980
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- On June, 23'rd, Sanjay Gandhi dies when a private test plane he was flying crashed.
- 1981
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- 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
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- License and Joint Venture Agreement(JVA) signed between Maruti Udyog Ltd. and SMC of Japan
- 1983
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- Maruti 800, a 796 cc hatchback, India’s first affordable car, is released in the market.
- Production was started under the JVA commences.
- 1984
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- Omni, a 796cc MUV, released.
- Installed capacity of the plant in Gurgaon, reaches 40,000 units
- 1985
-
- 1986
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- Maruti 800 ( New Model-796cc, hatchback Car)
- 100,000 vehicles produced by the company. [2]
- 1987
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- The company's first export, when a lot of 500 cars were sent to Hungary.
- 1988
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- Installed capacity is increased to 100,000 units in Gurgaon.
- 1990
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- Maruti 1000(970cc, 3 box), India’s first contemporary sedan is released into the market.
- 1991
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- 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
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- 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
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- Zen(993cc, hatchback Car), which was later exported in Europe and elsewhere as the Alto
- 1994
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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
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- 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 Article on Maruti Udyog
[edit] References
- ^ a b --Newstime,May 10, 1999 Article:When Sonia violated Fera 'designing' road rollers - PI--
- ^ a b --The Maruti Udyog official Website Timeline Page --
- ^ --Maruti Udyog Website Timeline Page --
[edit] External links
