Timeline of Maruti Suzuki

;1970:*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:*In June, A company called 'Maruti limited' was incorporated under the Companies Act and Sanjay Gandhi became its first managing director. -- [http://www.hvk.org/articles/0599/55.html Newstime,May 10, 1999 Article:When Sonia violated Fera 'designing' road rollers - PI] --] ;1977:*'Maruti limited' goes into liquidation.;1978:*A commission of inquiry headed by Justice A. C. Gupta, which probed the 'Maruti scandal', submits its report. ;1980:*On June, 23'rd, Sanjay Gandhi dies when a private test plane he was flying crashed.;1981:*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 -- [http://www.marutiudyog.com/ab/aboutus.asp?ch=1&ct=1&sc=6 The Maruti Udyog official Website Timeline Page] --] ;1982:*License and Joint Venture Agreement(JVA) signed between Maruti Udyog Ltd. and SMC of Japan;1983:*Maruti 800, a 796 cc hatchback, India’s first affordable car, is released in the market. :*Production was started under the JVA commences.;1984:*Omni, a 796cc MUV, released. :*Installed capacity of the plant in Gurgaon, reaches 40,000 units;1985:*Launch of Maruti Gypsy (970cc, 4WD off-road vehicle) ;1986:*Maruti 800 ( New Model-796cc, hatchback Car) :*100,000 vehicles produced by the company. ;1987:*The company's first export, when a lot of 500 cars were sent to Hungary.;1988:*Installed capacity is increased to 100,000 units in Gurgaon.;1990:*Maruti 1000(970cc, 3 box), India’s first contemporary sedan is released into the market.;1991:*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:*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:*Zen(993cc, hatchback Car), which was later exported in Europe and elsewhere as the Alto;1994:*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:*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:*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:*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:*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:*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:*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:*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:*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:*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:*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:*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.

-- [http://www.marutiudyog.com/ab/aboutus.asp?ch=1&ct=1&sc=6 Maruti Udyog Website Timeline Page] --]

ee also

Main Article on Maruti Udyog

References

External links

* [http://www.marutiudyog.com/ab/aboutus.asp?ch=1&ct=1&sc=6 Maruti Udyog Website Timeline Page]