Maruti company of India and Suzuki company of Japan join together to form Maruti Suzuki Indian limit.
A. identify and explain the form of business organisation stated here .
B. give any two features of the form of business organisation identified
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Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an automobile manufacturer in India. It is a 56.21% owned subsidiary of the Japanese car and motorcycle manufacturer Suzuki Motor Corporation.[7] As of July 2018, it had a market share of 53% of the Indian passenger car market.[8][better source needed] Maruti Suzuki manufactures and sells popular cars such as the Ciaz, Ertiga, Wagon R, Alto K10 and Alto 800, Swift, Celerio, Swift Dzire, Baleno and Baleno RS, Omni, baleno, Eeco, Ignis, S-Cross, Vitara Brezza and newly launched S-Presso small SUV. The company is headquartered at New Delhi.[2] In May 2015, the company produced its fifteen millionth vehicle in India, a Swift Dzire.
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