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 Maruti
Udyog Ltd. (MUL)
"Count on Us" - Maruti Suzuki
Maruti Udyog Ltd. (MUL) is the first automobile
company in the world to be honoured with an ISO 9000:2000 certificate.
The company has a joint venture with
Suzuki Motor Corporation of
Japan. It is said that the company takes only 14 hours to make a car.
Few of the popular models of MUL are Alto, Baleno, Swift, Wagon-R and
Zen.
Quick Facts
| Year of Establishment |
February 1981 |
| Vision |
"The Leader in The Indian Automobile Industry, Creating
Customer Delight and Shareholder's Wealth; A pride of India." |
| Industry |
Automotive - Four Wheelers |
| Listings & its codes |
BSE - Code: 532500
NSE - Code: MARUTI
Bloomberg: MUL@IN
Reuters: MRTI.BO |
| Joint Venture |
With Suzuki Motor Company, now
Suzuki Motor Corporation,
of Japan in October 1982. |
| Registered & Corporate Office |
11th Floor, Jeevan Prakash
25, Kasturba Gandhi Marg
New Delhi - 110001, India
Tel.: +(91)-(11)-23316831 (10 lines)
Fax: +(91)-(11)-23318754, 23713575
Telex: 031-65029 MUL IN |
| Works |
Palam Gurgaon Road
Gurgaon -122015
Haryana, India
Tel.: +(91)-(124)-2340341-5, 2341341-5 |
| Website |
www.marutiudyog.com |
Segment and Brands
Awards & Accolades
| 2005 |
- Number one in JD Power SSI for the second consecutive year.
- Number one in JD Power CSI for the sixth time in a row - the
only car to win it so many times.
- M800, WagonR and Swift topped their segments in the TNS Total
Customer Satisfaction Study Leadership in the JD Power Initial
Quality Study - Alto number one in its segment for the 2nd time
in a row, Esteem number one in its segment for the 3rd year in a
row, Swift number one in the premium compact segment.
- WagonR and Esteem top their segments in the JD Power APEAL
study.
- TNS ranks Maruti 4th in the Corporate Reputation Strength
(CSR) study (#1 in Auto sector)-Feb 05.
- Maruti bagged the "Manufacturer of the year" award
from Autocar-CNBC (2nd time in a row)-Feb 05.
- First Indian car manufacturer to reach 5 million vehicles
sales.
- Business World ranks Maruti among top five most respected
companies in India-Oct 04.
- Maruti ranked among top ten (Rank7) greenest companies in
India by Business Today - Sep '04
|
| 2004 |
- Maruti Suzuki was No. 1 in Customer satisfaction, No. 1 in
Sales Satisfaction No.1 in Product Quality (Esteem and Alto) and
No. 1 in Product Appeal (Esteem and Wagon R).
- No. 1 in Total Customer Satisfaction (Maruti 800, Zen and
Alto).
- Business World ranked us among the country's five most
respected companies.
- Business World ranked us the country's most respected
automobile company.
- Voted Manufacturer of the year by CNBC.
- Voted one of India's Greenest Companies by Business Today-AC
Nielson ORG-MARG.
|
Sales Performance |
|
(Rs. in Lacs) |
| Particulars |
Quarter ended |
Nine Months
Ended |
Financial Year Ended |
|
31.12.05 |
31.12.04 |
31.12.05
(6 month) |
31.12.04
(9 month) |
30.06.2005
(Audited) |
| Domestic Vehicles Sold (No.) |
137,127 |
122,042 |
380,763 |
351,583 |
487,402 |
| Export Vehicles Sold (No.) |
7,883 |
14,027 |
26,656 |
37,958 |
48,899 |
| Total Vehicles Sold (No.) |
145,010 |
136,069 |
407,419 |
389,541 |
536,301 |
| Net Sales |
310,431 |
279,646 |
874,309 |
787,726 |
1,091,075 |
| Total Income |
322,079 |
293,837 |
909,516 |
821,177 |
1,135,387 |
| Total Expenditure |
264,831 |
245,363 |
764,078 |
692,645 |
955,614 |
| Profit before Tax |
50,269 |
37,207 |
122,454 |
91,465 |
130,489 |
| Net Profit |
33,901 |
23,966 |
82,813 |
59,418 |
85,363 |
Milestones
| 1981 |
- Maruti Udyog Ltd. was incorporated.
|
| 1982 |
- Steped into a JV with SMC of Japan.
|
| 1983 |
- Maruti 800, a 796 cc hatchback, India's first affordable car
was produced.
|
| 1984 |
- Installed capacity reached 40,000 units. Omni, a 796 cc MUV
was in production.
|
| 1985 |
- Launch of Maruti Gypsy (970cc, 4WD off-road vehicle).
|
| 1986 |
- Produced 100,000 vehicles (cumulative production).
|
| 1987 |
- Exported first lot of 500 cars to Hungary.
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| 1988 |
- Installed capacity increased to 100,000 units.
|
| 1992 |
- SMC increases its stake to 50 per cent.
|
| 1994 |
- Produced the 1 millionth vehicle since the commencement of
production.
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| 1995 |
- Second plant launched, the installed capacity reached 200,000
units.
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| 1996 |
- Launch of 24-hour emergency on-road vehicle service.
|
| 1997 |
- Produced the 2 millionth vehicle since the commencement of
production.
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| 1998 |
- Launch of website as part of CRM initiatives.
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| 1999 |
- Launch of Maruti - Suzuki innovative traffic beat in Delhi
and Chennai as social initiatives.
|
| 2000 |
- IDTR (Institute of Driving Training and Research) launched
jointly with Delhi government to promote safe driving habits.
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| 2001 |
- Launch of customer information centers in Hyderabad,
Bangalore, and Chennai.
|
| 2002 |
- SMC increases its stake to 54.2 per cent.
- Launch of Maruti Finance with 10 finance companies in Mumbai.
- Start of Maruti True value in Mumbai.
|
| 2003 |
- Production of 4 millionth vehicle.
- Listed on BSE and NSE after a public issue oversubscribed 10
times.
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| 2004 |
- Maruti 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 car rolls out in April, 2005.
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Company Flashback
Maruti Udyog Limited (MUL), established in 1981, had a prime objective
to meet the growing demand of a personal mode of transport, which is
caused due to lack of efficient public transport system. The
incorporation of the company was through an Act of Parliament.
Suzuki Motor Company of Japan was chosen from seven other prospective
partners worldwide. Suzuki was due not only to its undisputed leadership
in small cars but also to commitments to actively bring to MUL
contemporary technology and Japanese management practices (that had
catapulted Japan over USA to the status of the top auto manufacturing
country in the world).
A licence and a Joint Venture agreement was signed between Government
of India and Suzuki Motor Company (now
Suzuki Motor Corporation of
Japan) in Oct 1982.
The objectives of MUL, then are as cited below:
- Modernization of the Indian Automobile Industry.
- Production of fuel-efficient vehicles to conserve scarce
resources.
- Production of large number of motor vehicles which was necessary
for economic growth.
In 2001, MUL became one of the first automobile companies,
globally, to be honoured with an ISO 9000:2000 certificate. The
production/ R&D is spread across 297 acres with 3 fully-integrated
production facilities. The MUL plant has already rolled out 4.3 million
vehicles. The fact says that, on an average two vehicles roll out of the
factory in every single minute. The company takes approximately 14 hours
to make a car. Not only this, with range of 11 models in 50 variants,
Maruti Suzuki fits every car-buyer's budget and any dream.
 
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