The Maruti Story: How A Public Sector Company Put India On Wheels
About this audiobook
A story that proves that Indians when empowered can change the course of history...
The targets were stupendous and considered unachievable by almost everyone. Slightly over two years to find a suitable partner, finalize all legal documentation, get governmental approval to these agreements as well as to the investment proposals, build a factory, develop a supplier base to meet localization regulations, create a sales and service network, and develop and launch a peoples car that would sell 100,000 a year, in a sector where Indian expertise was limited. And to do this as a public sector company, having to follow all governmental systems and procedures, and having to please both its masters in the government and Suzuki Motor Corporation. However, the Maruti project succeeded, and in ways that were unimaginable in 1983. The car revolutionized the industry and put a country on wheels. Suddenly, ordinary middle-class men and women could aspire to own a reliable, economical and modern car, and the steep sales targets were easily met. Twenty-six years later, the company, now free of government controls and facing competition from the worlds major manufacturers who have entered the Indian market, still leads the way. Not only that, cars made by Maruti can be seen in all continents.
By any yardstick, it is an incredible story, involving grit, management skill and entrepreneurship of a high order. R.C. Bhargava, who was at the helm of the company, and is currently its chairman, co-writing with senior journalist and author Seetha, shows how it was done in this riveting account of a landmark achievement.
About the author
Seetha is a senior journalist with over thirty years of experience in reputed newspapers and business magazines such as The Telegraph, DNA, The Economic Times and The Times of India. She is the author of The Backroom Brigade, and co-author, along with R.C. Bhargava, of The Maruti Story. Sharad Gupta is Chief Marketing and Communication Officer, and Vice President and Head, Innovations, Tech Incubation, at Escorts Limited.
R.C. Bhargava is the chairman of Maruti Suzuki. He joined Maruti Udyog Limited, as it was known then, in 1981 after twenty-five years in the Indian Administrative Service (IAS). Managing director of Maruti from 1985, Bhargava was appointed chairman and managing director in 1990 and after retirement he was inducted as the non-executive chairman from December 2007. He is the author, with Seetha, of The Maruti Story: How A Public Sector Company Put India on Wheels (2010). In 2011, the Japanese emperor bestowed upon him the Order of the Rising Sun, Gold and Silver Star. He was awarded the Padma Bhushan in 2016. He lives in Noida, Uttar Pradesh, with his wife.
