Maruti Suzuki in the context of "Gurgaon"

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⭐ Core Definition: Maruti Suzuki

Maruti Suzuki India Limited is the Indian subsidiary of Japanese automaker Suzuki Motor Corporation. It is the largest automobile manufacturer in India, specialising in small cars. The company was established by the Government of India as Maruti Udyog Limited in February 1981 as a joint venture with Suzuki, the latter becoming the first Japanese automaker, as well as the first major foreign automaker, to invest in India.

Maruti opened its first production facility in Gurugram, Haryana, in 1982. Initially, Maruti was majority-owned by the Indian government, with Suzuki only taking a 26% stake during its establishment in 1982. The Indian government gradually reduced its stake, partially departed the business in 2003 by making it a public company and then sold all of its remaining shares to Suzuki Motor Corporation in 2007.

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👉 Maruti Suzuki in the context of Gurgaon

Gurgaon (Hindi: [ɡʊɽɡãːw]), officially named Gurugram ([ɡʊɾʊɡɾaːm]), is a satellite city of Delhi and administrative headquarters of Gurgaon district, located in the northern Indian state of Haryana. It is situated near the DelhiHaryana border, about 30 kilometres (19 mi) southwest of the national capital New Delhi and 268 km (167 mi) south of Chandigarh, the state capital. It is one of the major satellite cities of Delhi and is part of the National Capital Region of India. As of 2011, Gurgaon had a population of 876,969.

Gurgaon's economic growth started in the 1970s when Maruti Suzuki India Limited established a manufacturing plant and gathered pace after General Electric established its business outsourcing operations known as Genpact in the city in collaboration with real-estate firm DLF. New Gurgaon, Manesar and Sohna serve as adjoining manufacturing and upcoming real estate hubs for Gurgaon. Despite rapid economic and population growth, Gurgaon continues to battle issues like high air pollution. It also has a flood problem due to the limited drainage capacity and geographic location as with other South Asian as well as South East Asian cities. Gurgaon is infamous for prostitution, erotic spas, sex tourism and high-end escorts in areas like MG Road and Sector 29.

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