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PARENT COMPANY SUZUKI COMMANDS MORE THAN 50%CAR IN INDIA ON 17TH SEPTEMBER 2007 MARUTI UDYOG WAS RENAMED AS MARUTI SUZUKI JOINT VENTURES PROJECT WAS STARTED BY INDIRA SANJAY GANDHI INDIA EXPERTSSTARTED SEARCH FOR COLLABRATOR NEGOTIATED WITH- TOYOTA NISSAN HONDA SUZUKI AFTER ROUNDS OF NOGOTIATION SUZUKI WAS SELECTED THE JOINT SUCCESS OF THE JOINT VENTURE LED SUZUKI I TO INCREASE ITS EQUITY FROM 26% TO 40% IN 1987 AND FURTHER TO 50% IN 1992