The automobile industry is a key Indian industry. It has played a major role in driving India into the global economy. The industry has also become a major stakeholder in India-Japanese relations. Various Japanese joint ventures have been at the forefront of this transformation. In particular, in 1981, the Indian government set up Maruti Udyog Limited in collaboration with Suzuki Motor Company, the first Japanese multinational corporation to enter the country.
Sunday September 5th 2010
