Teluguredu Posted September 16, 2024 Report Posted September 16, 2024 1 hour ago, andhra_jp said: 50% market conquered by Maruthi Marathi suzuki is a Japanese company majority stake in maruti suzuki is held by Suzuki. Quote
andhra_jp Posted September 16, 2024 Author Report Posted September 16, 2024 1 hour ago, Teluguredu said: Marathi suzuki is a Japanese company majority stake in maruti suzuki is held by Suzuki. Majority stake(56%) by Suzuki corporation is correct bhayya... but Maruti Suzuki is considered an Indian company since is publicly listed on the Indian stock exchanges. The majority of its operations, manufacturing facilities, and workforce are based in India, and it is subject to Indian regulatory frameworks and corporate governance norms. Therefore, from a practical and operational standpoint, Maruti Suzuki is regarded as an Indian automobile manufacturer, even with Suzuki's majority shareholding. Quote
Konebhar6 Posted September 16, 2024 Report Posted September 16, 2024 It's very true about India. But India market is growing even for Ultra/Luxury segment. Companies invest for future and look for trends. India is definitely growing at a rapid pace but China is well ahead. Quote
Android_Halwa Posted September 16, 2024 Report Posted September 16, 2024 1 hour ago, Teluguredu said: Marathi suzuki is a Japanese company majority stake in maruti suzuki is held by Suzuki. So ? Even though Suzuki has majority state at 54%, Maruti Suzuki manufactures each and every component used in their cars and they also make cars to export. Its more Indian than Japanese. 1 Quote
verrigadu Posted September 16, 2024 Report Posted September 16, 2024 @andhra_jp @Android_Halwa @Teluguredu@Konebhar6 @corsaer Thanks for such constructive critical comments. Thats very nice of you. 1 Quote
Teluguredu Posted September 16, 2024 Report Posted September 16, 2024 8 hours ago, Android_Halwa said: So ? Even though Suzuki has majority state at 54%, Maruti Suzuki manufactures each and every component used in their cars and they also make cars to export. Its more Indian than Japanese. What kind of logic is this lol ,so does an American company which has base in China become a Chinese company? Quote
Teluguredu Posted September 16, 2024 Report Posted September 16, 2024 8 hours ago, andhra_jp said: Majority stake(56%) by Suzuki corporation is correct bhayya... but Maruti Suzuki is considered an Indian company since is publicly listed on the Indian stock exchanges. The majority of its operations, manufacturing facilities, and workforce are based in India, and it is subject to Indian regulatory frameworks and corporate governance norms. Therefore, from a practical and operational standpoint, Maruti Suzuki is regarded as an Indian automobile manufacturer, even with Suzuki's majority shareholding. Marathi suzuki is considered an indian subsidary of suzuki corporation. 1 Quote
Konebhar6 Posted September 16, 2024 Report Posted September 16, 2024 At this point, we do not have enough Infrastructure in terms or roads for these cars to have a nice ride. Whatever 1-2 local good roads we have, youngsters do racing and putting themselves and people around them in danger. Even outer Ring road is in bad shape in some places. Not much maintenance. Even the road/ride is not smooth. Another problem is maintenance of these cars. Local garages cannot touch these. There are not enough Service Centers (I may be wrong on this) in all cities. There is rapid change in India in last 20 yrs. There will be a lot more improvement in the next 20 yrs. 1 Quote
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