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OBJECTIVES
INTRODUCTION HISTORY PRODUCT LINE KEY STRAGIES FINANCIAL PLAN MAJOR COMPETITORS REPOSITIONING SERVICES KEY SUCCESS FACTORS CONCLUSION
INTRODUCTON:
Maruti Suzuki India Limited is a publicly listed
automaker in India. It is a leading four-wheeler automobile manufacture in South Asia. Suzuki Motor corporation of Japan holds a majority stake in the company. It was the first company in India to massproduce and sell more than a million cars. It is largely credited for having brought in an automobile revolution to India. It is the market leader in India . Maruti Udyog was renamed Maruti Suzuki India Limited. The company headquarter is in Gurgaon, Haryana (near Delhi).
Maruti Suzuki is one of the India's leading automobile manufacturers and the market leader in the car segment. Until recently, 18.28% of the company was owned by the Indian government, and 54.2% by Suzuki of Japan. The company annually exports more than 50,000 cars and has an extremely large domestic market in India selling over 730,000 cars annually. Maruti 800 till 2004, was the India's largest selling compact car ever since it was launched in 1983.
Plants Gurgaon Plant Maruti Suzuki India Ltd. Maruti Suzuki India Ltd. Manesar Plant
HISTORY:
Maruti Udyog Limited (MUL) was established in February 1981, though the actual production commenced in 1983 with the Maruti 800, based on the Suzuki Alto which at the time was the only modern car available in India. Its only competitors- the Hindustan Ambassador and Premier Padmini were both around 25 years out of date at that point. Through 2004, Maruti has produced over 5 million vehicles. Maruti are sold in India and various several other countries, depending upon export orders.
Maruti Udyog Limited, the largest automobile manufacturer of India . The company started as a 50-50 JV between Suzuki of Japan and Maruti. The government of India held 18.28% stake untill recently. The first offering from Maruti car was maruti 800, bestseller for a long time till its sibling, the Alto, took over.
COMPANIES VISION
To be an internationally competitive company in terms of their products and services. Retain their leadership in India and should also aspire to be among the global players. Their focus is on: Building a continuously improving organization adaptable to quick changes Providing value and satisfaction to the customer Aligning and fully involving all our employees, suppliers and dealers to face competition Maximizing Shareholder's value Being a responsible corporate citizen
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Maruti Grand Vitara Launched 2004. Maruti Suzuki Swift: Launched 2005. Maruti Suzuki SX4: Launched 2007. Maruti Swift Dzire: Launched 2008. Maruti Suzuki A-STAR: Launched 2008. Maruti Suzuki Ritz: Launched 2009.
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The export tally includes around 19,000 units of A-star exported to Europe including United Kingdom, France, Germany, Italy, Netherlands, Denmark and Switzerland. Fiscal 2008-09 marked Maruti Suzuki's Silver Jubilee year in India. Over these 25 years the company has sold over 7 million cars in the domestic market.
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MAJOR COMPETITORS
The Major competitor of maruti Suzuki are-: Hynudai motor India limited Tata motor limited
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Esteem has gone through three facelifts. A new look last year has helped boost up the waning sales of Esteem. Baleno was launched in 1999 at 7.2 lacs. In 2002 they slashed prices to 6.4 lacs. Wagon-R was perceived as dull boxy car when it was launched. Then further modifications in engine to increase performance and a facelift in the form of sporty looking grills on the roof. Zen has been modified four times till date. They had come up with a limited period variant called Zen Classic.
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SERVICES OFFERED
Maruti is one of the companies in India which has unparalleled service network. To ensure the vehicles sold by them are serviced properly, Maruti has 2628 listed Authorized service stations and 30 Express Service Stations on 30 highways across India. Service is a major revenue generator of the company. Most of the service stations are managed on franchise basis, where Maruti trains the local staff.
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CONCLUSION
As the automobile industry in India has now become increasingly competitive, Maruti has done extremely well to keep up with the latest technology and car models. Moreover, as complete customer satisfaction and delight has been the companys motto, it still has a very loyal group of users, still numbering in the millions. In 2009, the Maruti A star has been voted as the car of the year by a prominent automobile magazine in India, and also the best small car by another magazine. These awards are further proof of Marutis tremendous quality, innovation and ability to be a pioneer and market leader.
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