7. JOINT VENTURE Relationship between the Government of India under the United Front (India) coalition and Suzuki Motor Corporation over the joint venture was a point of heated debate in the Indian media till Suzuki Motor Corporation gained the controlling stake. The success of the joint venture led Suzuki to increase its equity from 26% to 40% in 1987, and further to 50% in 1992. In 1982 both the venture partners had entered into an agreement to nominate their candidate for the post of Managing Director and every Managing Director will have a tenure of five years.
8.
9.
10.
11. BOARD OF DIRECTORS Mr. Shinzo Nakanishi Managing Director and the CEO Mr. R.C. Bhargava Chairman, Board of Director Mr. OSAMU SUZUKI Director Mr. KENICHI AYUKAWA Director Mr. Amal Ganguli Director Mr. TSUNEO OHASHI Director & Managing Executive Ms. Pallavi Shroff Mr. MANVINDER SINGH BANGA Director Mr. DAVINDER SINGH BRAR Director Mr. SHUJI OISHI Director & Managing Executive Officer (Marketing & Sales)