Maruti Suzuki Chairman RC Bhargava has been honoured with the lifetime achievement award at the Forbes India Leadership Awards (FILA), 2015. The award recognises his contribution to the Indian business community and exemplary leadership demonstrated over the years.
An IAS topper of 1956 batch, Bhargava was one of the founding members of Maruti in 1982. He led the company as Managing Director from 1990 to 1997. Bhargava, who has been chairman of the country’s largest car maker since 2007, also serves on the board of several leading corporates. In November 2011, the Emperor of Japan had conferred the ‘Order of the Rising Sun Gold and Silver Star’ on Bhargava.
Important Facts
- Maruti Suzuki India Limited formerly known as Maruti Udyog Limited, is an automobile manufacturer in India.
- It is a subsidiary of Japanese automobile and motorcycle manufacturer Suzuki.
- Maruti Udyog Limited was established in February 1981, though the actual production commenced only in 1983.
- Originally, 74% of the company was owned by the Indian government, and 26% by Suzuki of Japan.
- As of May 2007, the government of India sold its complete share to Indian financial institutions and no longer has any stake in Maruti Udyog.
Test Your GK
Recently which car company has launched its super luxurious saloon Maybach S600 in India?
