कोशिश गोल्ड - मुक्त
OSAMU SUZUKI, A LEADER WHO DEFIED CONVENTIONS, OUTLIVED CHALLENGES
Mint Ahmedabad
|January 06, 2025
In 1982, he signed a JV with the Indian government to create Maruti Udyog Ltd
My first car was a Maruti 800, as it was for millions of Indians who discovered the joys of driving with this wonder car. This little marvel put an entire subcontinent on wheels. The Maruti 800 is the most iconic symbol of the legacy of Osamu Suzuki, who recently passed away at the remarkable age of 94. The company announced that Suzuki died on 25 December after a battle with malignant lymphoma.
In India, Suzuki is synonymous with the Maruti story. It's a saga of twists and turns, chance and intrigue, worthy of a Netflix series. There are many protagonists in the story; Sanjay Gandhi, who died in an air crash; his Prime Minister mother, who wanted to build a national car company in his memory, and brilliant IAS officers like V. Krishnamoorthy and R.C. Bhargava, who made her dream a reality. But the main hero of this blockbuster has to be Osamu Suzuki.
The most defining gamble of his long career was taking a punt on India when the market was anything but certain. In 1982, he signed a joint venture with the Indian government to create Maruti Udyog Ltd, when most global automakers had shied away from India's closed economy. But Suzuki's belief in the potential of the 800, a compact, affordable and efficient car for the Indian middle class, proved prescient.
Today, Maruti Suzuki dominates the Indian market, holding a market share of more than 40%, and has produced more than 25 million cars.
Despite his ripe old age, Suzuki's death comes as a shock to many, given his seemingly perpetual presence and the indefatigable energy he brought to the company that bears his name.
यह कहानी Mint Ahmedabad के January 06, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Mint Ahmedabad से और कहानियाँ
Mint Ahmedabad
Mining reform plan meets resistance in states
Mines ministry plans to limit premiums to 50% of ore value, replacing system where bids can cross even 100%
2 mins
November 19, 2025
Mint Ahmedabad
AI content floods streamers, but monetization still a puzzle
AI-generated content is increasingly popping up on YouTube and OTT platforms—from short films and microdramas to explainers and reimagined epics—but a clear pathway to making money from it has still to emerge.
2 mins
November 19, 2025
Mint Ahmedabad
WHY CONSULTANCIES LOVE AND HATE AI
Clients want to know how much of the work they pay a fortune for has been done by bots
8 mins
November 19, 2025
Mint Ahmedabad
Xiaomi’s EV business registers a profit for the first time
Xiaomi Corp. reported quarterly profit from its electric vehicle (EV) business for the first time, a major milestone for the smartphone maker's ambitious foray into the crowded market.
1 min
November 19, 2025
Mint Ahmedabad
Amazon, Microsoft clouds to face tougher EU rules
Amazon and Microsoft's cloud services may face stricter European Union (EU) competition rules as Brussels probes their market power, the bloc's tech chief said on Tuesday.
1 mins
November 19, 2025
Mint Ahmedabad
SIFs: WHAT YOU MUST KNOW ABOUT THE HIGHER-RISK, HIGHER-REWARD TRADE-OFF
The concept of specialized investment funds (SIFs) was allowed by the Securities and Exchange Board of India (Sebi), in the space between mutual funds meant for the masses and portfolio management schemes and alternative investment funds (PMS/AIFs) meant for the classes.
3 mins
November 19, 2025
Mint Ahmedabad
GMR eyes ₹2,150 cr NCD to pare debt at Hyderabad airport
G MR Airports Ltd (GAL) plans to refinance foreign currency loans of Hyderabad airport by issuing rupee-denominated non-convertible debentures (NCDs) worth up to ₹2,150 crore as it continues to reduce borrowing costs, a top executive said.
1 mins
November 19, 2025
Mint Ahmedabad
Gold plunges on US Fed rate cut jitters
Gold prices plunged by ₹3,900 to ₹1,25,800 per 10 grams in the national capital on Tuesday, tracking a decline in global rates amid fading expectations of an interest rate cut by the US Federal Reserve next month.
1 min
November 19, 2025
Mint Ahmedabad
Cash transfers: Inflationary, welfarist or a fiscal blow?
What happens when a helicopter drops a large amount of cash on a local economy? Does the local GDP go up instantly? Of course not. Even a schoolkid's intuition tells you that the immediate result would be inflation. It is more money chasing the same amount of goods and services.
3 mins
November 19, 2025
Mint Ahmedabad
India's new data protection law: A compliance guide
Although we have known since 2023 that India's Digital Personal Data Protection Act of 2023 (DPDP Act) would come into effect sooner or later, most businesses put off taking action until the rules were notified. Last week, the ministry of electronics and information technology brought the DPDP Act into force, marking the beginning of a new chapter in India's digital governance history.
4 mins
November 19, 2025
Listen
Translate
Change font size
