Maruti Udyog: a godsend for Suzuki and India

Newswire

By Chang-Ran Kim, Asia auto correspondent TOKYO, Dec 21 (Reuters) - As the Indian government looks to shed its final 10 percent stake in Maruti Udyog Ltd. , few will recall the fortuitous chain of events that got the automaker up and running a quarter-century ago. Back then, India was an automobile backwater where annual car sales, mainly of British knock-offs, were below 40,000 -- or one car for every 14,000 of its 550 million people. The government had just nationalised Maruti, set ...

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