Timeline of Maruti Suzuki

Timeline Of Maruti Suzuki

Timeline of Maruti Suzuki

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Description:
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.
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, 23 June, 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
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,......
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