2010 - Alto K10 launched. 2011 Oct, 2011 – Manesar – Maruti Suzuk i, India’s top maker was gripped in serious Labour unrest. During the first two days of the stand-off, MSIL dismissed five permanent workers. It also suspended 26 permanent workers and discontinued the services of another 18 trainees. The plant has about 2,500 workers, of which 950 are regular employees. Production has been severely affected at MSIL’s first plant in Manesar since August 29 when the management prevented workers from entering the unit without signing a 'good conduct bond' after alleged 'sabotage' and deliberate quality compromise on cars. Company Vision “The leader in the Indian Automobile Industry, creating customer delight and shareholders’ wealth A pride of India.” Company Values • C ustomer Obsession • F ast, Flexible and Fast Mover • I nnovation and Creativity • N etworking and Partnership • O penness and Learning
7 Maruti Suzuki India Ltd. Board of Directors Mr. R. C. Bhargava Mr.Shinz Nakanishi Mr. Manvinder Singh Banga Chairman Managing Director and CEO Director Mr. Amal Ganguli Mr. D. S. Brar Mr. Keiichi Asai Director Director Director & MEO(Engineering) Mr. Osamu Suzuki Mr. Shuji Oishi Ms. Pallavi Shroff Director Director & MEO (Marketing & Sales) Director
8 Maruti Suzuki India Ltd. Mr. Kenichi Ayukawa Mr. Tsuneo Ohashi Director Director and Managing Executive Officer (Production) Current Scenario
9 Maruti Suzuki India Ltd.
10 Maruti Suzuki India Ltd. Company Name and Promoters Maruti Suzuki is a private Limited company majorly holding being by Suzuki Motor Corporation. Some contemporary believe that the company name “Maruti” is a Sanskrit word referring to Hindu God Hanuman, son of Maruti, the Hindu Wind God Vayu. Promoters Name % of holding Suzuki Motor Corporation 54.21 Life Insurance Corporation of India 8.79 HSBC Global Investment Funds A/C HSBC Global Investment Funds Mauritius Limited 5.9 ICICI Prudential Life Insurance Company Ltd. 1.72 Bajaj Allianz Life Insurance Company Ltd. 1.45 LIC of India Market Plus 1.37 LIC of India Money Plus 1.19 The Master Trust Bank of Japan Ltd. A/C HSBC India A/c Equity Mother Fund 1.02 HSBC Global Investment Funds A/C HSBC Global Investment Funds Bric Equity 0.85 Life Insurance Corporation of India -Wealth Plus 0.8 Total 77.3 The Maruti Suzuki India Ltd. core promoter is Suzuki Motor which has a holding of 54.21% in the company.
11 Maruti Suzuki India Ltd. Background of the Promoter –“Suzuki Motor Corporation” In 1909, Michio Suzuki (1887 – 1982) founded the Suzuki Loom Works in the small seacoast village of Hamamatsu, Japan. Business boomed as Suzuki built weaving looms for Japan's giant silk industry. In 1929, Michio Suzuki invented a new type of weaving machine, which was exported overseas. Suzuki filed as many as 120 patents and utility model rights. The company's first 30 years focused on the development and production of these exceptionally complex machines.
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