-Maruti Udyog Limited is a part of ministry of industry and commerce. It is organized and controlled by ministry of industry and commerce. The Government not provides any finance, but whenever revenues it earns is deposited to Government treasury only. It is treated as a part of Government sectors and even the appointment recruitment and selection of employee is done in the same way as that of professional servant.
a-Name of type of the public sector enterprises.
b-What is the status of the employee working in the Maruti Udyog Limited.
c-How does it gets its finance.
d-Explain any two demerits of Maruti Udyog Limited
Answers
Answer:
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 automotive manufacturer Suzuki Motor Corporation.[7] As of July 2018, it had a market share of 53% of the Indian passenger car market.[8][9] The company is headquartered at New Delhi.[2]
Maruti Suzuki India Limited
Maruti Suzuki logo.svg
Formerly
Maruti Udyog Limited
Type
Public
Traded as
BSE: 532500
NSE: MARUTI
BSE SENSEX Constituent
NSE NIFTY 50 Constituent
ISIN
INE585B01010
Industry
Automotive
Founded
1981; 39 years ago[1]
Founder
Government of India
Headquarters
New Delhi, India[2]
Area served
India
Key people
R. C. Bhargava[3] (Chairman)
Kenichi Ayukawa[3] (Managing Director & CEO)
Products
Automobiles
Production output
Increase 1,568,603 units (2019)[4]
Revenue
Increase ₹886,301 million (US$12 billion) (2019)[4]
Operating income
Increase ₹106,238 million (US$1.5 billion) (2019)[4]
Net income
Increase ₹76,506 million (US$1.1 billion) (2019)[4]
Total assets
Increase ₹639,687 million (US$9.0 billion) (2019)[4]
Total equity
Increase ₹471,097 million (US$6.6 billion) (2019)[4]
Number of employees
40,000 (2019)[5]
Parent
Suzuki Motor Corporation (56.21%)
others (43.79%)[6][7]
Website
www.marutisuzuki.com