Maruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation, Japan, is India’s largest passenger car maker. India’s first Company to produce and sell more than a million cars in India in a year, Maruti Suzuki is credited with having ushered in the automobile revolution in the country. The Company, formerly known as Maruti Udyog Limited, was incorporated as a joint venture between the Government of India and Suzuki Motor Corporation, Japan in February, 1981. Presently Suzuki Motor Corporation owns equity of 56.2 %. The company stocks are traded at the National Stock Exchange (NSE) and the Mumbai Stock exchange (BSE). Making a small beginning with single model - the iconic Maruti 800 Maruti Suzuki today has a vast portfolio to 15 car models and over 150 variants. The product range expands from entry level small cars like Alto 800, Alto K10 to the luxury sedan Kizashi that is imported as a CBU. The Company has also added new products like Ertiga (India’s first Life Utility Vehicle) and Celerio with the contemporary Auto Gear Shift technology, to meet the changing lifestyle of its customers.