Maruti Udyog Profile

Maruti Udyog Profile

Maruti Udyog Ltd (MUL), is the largest car manufacturer in the country with a market share of over 80 per cent in the car industry. It is a joint sector corporation setup by the GOI and Suzuki Motor Corporation, Japan. It’s a market leader with market share of over 70% in 1997-98. It leads in both segments i.e. in the economy car segment and the luxury car segment with a market share of 38%. The success of the joint venture led Suzuki to increase its equity from 26% to 40% in 1987,and further to 50.25 % in1992. As a result, Maruti changed from being a government company to a non-government company. Maruti started to feel the heat with the introduction of Indica (from Telco), Santro (Hyundai Motors) and Matiz (Daewoo Motors) and had to cut prices to stay in the small car segment. In 1997-98, MUL exported 25,994 units of passenger vehicles, thereby earning Rs. 431.2 crores of foreign exchange. The Zen (Alto, as it is called in the European market), constituted 72% of the total exports. Maruti Udyog Limited was awarded the CII – EXIM Business Excellence Award for the year 1998.

OPPORTUNITIES:

For engineers two routes are there, through all India examination conducted in the month of May every year(for last two years 80 engineers per year are taken) and through campus (around 15-30 engineers/year from campus)They also recruit MBA for marketing ,finance /vendor management etc but so far Maruti has restrcited its recruitment of MBAs from campuses only.

CONTACT:

Mr. A.S. Sharma, Dept. Mgr.(IR & Recruitment)
Palam Gurgaon Road, Gurgaon(Haryana)– 122015
PH- 5563471-74, Extn. 2248