Question

Name the company formed as a result of partnership between two companies

Answer 1

Maruti Suzuki formed by collaboration of Indian MARUTI and Japanese's company SUZUKI

Answer 2

Answer:  

Maruti Suzuki is a company that is formed by the partnership of two companies Maruti, the Indian manufacturer, and Suzuki, the Japanese tech-manufacturer.  

Explanation:  

Individuals and companies often enter into partnerships to create a new business entity or a new company. Such a resultant structure can be of a general partnership agreement, a limited liability company or a limited partnership.  

Maruti Suzuki (I) Limited is the iconic car manufacturer and has a market share of above 53%. The company formed as a result of a partnership between the Japanese and Indian manufacturers resulted in the sharing of their own intellectual properties and manufacturing abilities and creating a widely popular, sturdy, affordable range of cars customized for the Indian roads.