Maruti Udyog
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Maruti Udyog Limited is India's largest automobile company. Its main factory is situated in Gurgaon district, Haryana. The company, a joint venture with of Government of India with Suzuki of Japan, has been a success story like no other in the annals of the Indian automobile industry. The first cars rolled out for sale on 14th December 1983, (the Company went into production in a record 13 months), marking the beginning of a revolution in the Indian automobile industry.

Maruti Suzuki CarsThe Indian car market had stagnated at a volume of 30,000 or 40,000 cars a year for the decade ending 1983. In 1993, this figure reached a number of 1,96,820. Maruti's figures are a different story altogether. Maruti reached a total production of one million vehicles in March 1994, becoming the first Indian company to cross this milestone and crossed the two million mark in 1997.

For the year ended 1997-98, Maruti posted a turnover of US$ 2.1 billion and a Profit Before Tax of US$ 244 million. During the year, Maruti produced over 350,000 vehicles, out of which 26,000 were exported. Maruti has made profits in every single year since inception, and has been paying dividends for ten years.

Through the years Maruti has provided world-class contemporary Japanese technology, suitably adapted to Indian conditions and Indian car users. Maruti's market share figures show the response of customers: In 1997-98, its market share of vehicles was over 70%. In addition to leading in the economy car segment, Maruti is also the leader in the luxury car segment with a market share of 38%.

The success of the joint venture led Suzuki to increase its equity from 26% to 40% in 1987, and further to 50% in 1992. As a result, Maruti changed from being a government company to a non-government company. With the introduction of economic liberalization from July 1991, the government realized the high growth potential of the passenger car market. It took note of the contribution of this segment in promoting employment, technological up gradation of industry and contribution to government revenues. Policy changes took place accordingly. Maruti's excellent performance in the post-liberalization milieu is in keeping with the earlier trend set by it.

As a result, the transfer of technology from Suzuki has been a smooth process. By February 1990 itself, a local content of above 90% was reached for the Maruti 800.

Maruti is producing the following models of cars:


Car models Variant #1 Variant #2 Variant #3 Variant #4
Maruti 800 AC Bharat III Metallic
Rs 2,13,868
AC Bharat III Non-metallic
Rs 2,11,392
Std Bharat III Metallic
Rs 1,92,556
Std Bharat III Non-metallic
Rs 1,90,079
Maruti Alto LXi Bharat III Metallic
Rs 2,85,307
LXi Bharat III Non-metallic
Rs 2,81,920
Std Bharat III Metallic
Rs 2,33,262
Std Bharat III Non-metallic
Rs 2,29,876
Maruti Baleno VXi Bharat III Metallic
Rs 6,55,791
VXi Bharat III Non-metallic
Rs 6,55,791
LXi Bharat III Metallic
Rs 5,73,578
LXi Bharat III Non-metallic
Rs 5,73,578
Maruti Esteem VXi Bharat III Metallic
Rs 5,08,948
VXi Bharat III Non-metallic
Rs 5,08,948
LXi Bharat III
Rs 4,73,737
LX Bharat III
Rs 4,73,737
Maruti Grand Vitara
 
     
Maruti Gypsy Soft top non-metallic
Rs 4,85,249
Hard Top Metallic
Rs 5,07,796
Hard Top Non-metallic
Rs 5,04,907
Soft top Bharat III Metallic
Rs 4,88,138
Maruti Omni LPG metallic
Rs 2,43,858
8 Seater metallic
Rs 2,22,221
Cargo metallic
Rs 2,14,677
Cargo LPG metallic
Rs 1,94,115
Maruti Suzuki Swift ZXi Swift
Rs 5,02,684
VXi (ABS) Swift
Rs 4,44,395
VXi Swift
Rs 4,24,972
LXi Swift
Rs 3,98,985
Maruti Versa DX2 Bharat III Metallic
Rs 4,72,844
DX Bharat III Metallic
Rs 4,34,732
DX Bharat III Non-metallic
Rs 4,31,102
Std Bharat III Non-metallic
Rs 3,57,887
Maruti Wagon R AX Bharat III Metallic
Rs 4,47,256
VXi Bharat III Metallic
Rs 3,75,600
LXi Bharat III Metallic
Rs 3,68,895
LX Bharat III Non-metallic
Rs 3,23,208
Maruti Zen VXi Bharat III Metallic
Rs 3,80,020
LXi Bharat III Metallic
Rs 3,56,531
LXi Bharat III Non-metallic
Rs 3,53,132
LX Bharat III Metallic
Rs 3,31,480

All prices are approximate (please check with your dealer) ex Gurgaon as on 7th March, 2006

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