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Suzuki's new plants in India: Maruti to get 70 per cent stake

Thursday, 23 Sep 2004
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Differences between Suzuki Motor Corporation and Maruti Udyog have been settled with Maruti Udyog reportedly getting a 70 per cent stake in the 2.5 lakh units per year automobile unit and a minority stake in the diesel engine unit.

Both the companies have agreed that the new venture will not hurt the prospects of MUL's existing product range.

Related News:

Suzuki to invest Rs.1,050 crore in greenfield ventures (14-Sep-04)

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