2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In Maruti Suzuki India Limited, how much subsidiary is owned by Suzuki Motor Corporation?
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53.48 %
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51.50 %
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56.21 %
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58.93 %
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Explanation:
Detailed explanation-1: -The Company, formerly known as Maruti Udyog Limited, was incorporated as a joint venture between the Government of India and Suzuki Motor Corporation, Japan in February, 1981. Presently, Suzuki Motor Corporation owns equity of 56.2%.
Detailed explanation-2: -Toyota and Suzuki are promoting mutual supply of vehicles globally, which is one of the collaborations in the business partnership, and the two companies will now start production of a new SUV model developed by Suzuki at Toyota Kirloskar Motor Pvt. Ltd.
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