Maruti Suzuki’s good results this quarter is a combination of significant rise in volumes, softening of commodity prices, besides a better product mix
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Automobiles
Maruti Udyog Ltd. (MUL) is the first automobile company in the world to be honoured with an ISO 9000:2000 certificate. The company has a joint venture with Suzuki Motor Corporation of Japan. It is said that the company takes only 14 hours to make a car.
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Ratan Tata’s Nano venture of Singur by terming the small car project one of “national importance”, which deserved to be allowed to function without any hindrances.
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Hero Honda is a joint venture between Honda Corporation, Japan and the Mumjal family with both parties owning 26% each. Hero Honda has made its strong presence in the rural India and so it is able to withstand against the market competition.
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Experts advice investors to concentrate on long term investment as market is confusing for short term investments. If we go categorically as per rate sensitive or rate affecting sectors first comes banking, real estate, auto and then oil .
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