New Delhi:
Osamu Suzuki, Suzuki Motor Corp’s Patriyark and prolonged Chairman, who has been posthumously awarded the Padma Vibhan, led the company for more than 40 years and revolution in India’s car market with the introduction of the popular Maruti 800 car. La laid
Osamu Suzuki is one of the seven personalities, who were awarded the Padma Vibhushan, one of the highest civilian honors of the country on Saturday.
Osamu Suzuki, who died at the age of 94 last year, shared a good synergy with Prime Minister Narendra Modi.
According to PM Modi, Osamu Suzuki was a mythical man in the global motor vehicle industry.
“His visionary work rebuilt global perceptions of mobility. Under his leadership, Suzuki Motor Corporation became a global powerhouse, successfully navigating challenges, running innovation and expansion. He felt deep for India and his cooperation with Maruti brought a revolution in the Indian automobile market, “the Prime Minister posted on the X social media platform.
A former bank employee, Osamu Suzuki, took his break in the automotive business after marrying Shoko Suzuki, granddaughter of Michio Suzuki, who founded the earlier company of Suzuki Motor in 1909. Osamu Suzuki took the nickname of his wife, when according to Japanese customs, there are no men successor according to Japanese customs.
His entry into India turned out to be a game-changer, which as a subcontinent-sized market, saddened by the 60s technology ambassador and fiat cars, the Maruti increased the demand for 800 small cars. The waiting list of customers continued to grow for three years with a car at a premium in the second -hand market.
Suzuki Motor agreed to set up an enterprise with the Government of India outside New Delhi and in 1982 gained 26 percent stake in the state -owned car manufacturer Maruti Udog. In December 1983, the enterprise rolled out the Maruti 800 small car which was a moment.
Now Maruti, a unit of Suzuki motor, quickly became the largest car manufacturer in India and still holds more than 40 percent of the market.
Osamu Suzuki as President became more than 28 years as a global vehicle manufacturer’s longest service. After leaving the post as President in 2000, he became the President and Chief Executive Officer of Suzuki Motor. He returned to the age of 78 in December 2008 as President, when Suzuki Motor was expected to decline his first profit in eight years, which was to lead the front among the global recession.
Suzuki passed his son for the presidency in June 2015 and took over as president and CEO, but then resigned as CEOs on the misunderstanding of a shameful fuel-affairs.
Suzuki was a person of Spartan habits and was known to blow up the orbit of the economy even during his old age as part of his frugal lifestyle.
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