Main Thing!
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'Maruti', like Pak Steel, Volkswagen etc. was a made-in-India political baby ... Sanjay Gandhi's 'Ppl.'s Car'... Not! It was lilltle expensive ..
Yaaron-Ke-Yaar ... that's what Suzuki-Gov. of India were ... 20 yrs. ... in US biz terms ... Suzuki and GoI had a sweet-heart deal.
Gov. put some very smart Civil Servant types, Engineers, Patent Lawyers and other experts ... AT PUBLIC COST ... to nurture this baby ... roped in Suzuki, threw money, cheap land, favorable policy, top talent etc. at them. Under the political label of 'Ppl.'s Car', it was business as usual. Joint venture, licencisng and branding. Hota hai ... no hanky-panky ...
$ 1/2 Billion ...
... Indian Rs. 2500 Cr., Pak Rs. 4999 Cr. (approx.), ... that's what the gov. babus of the Industry Ministry sold the Maruti brand for ... back to ... hehe ... soo-soo-kee ... 20 yrs. later.
Not bad!
The moolah went back to the ministry, no doubt to the in-house 'Maruti-Suzuki' caucus or account, and on to the public purse, no need for hanky-panky, ... not to mention a nice, pioneering career (what a job!) ... that's the story of the Maruti brand ... see how far 1 can ride political patronage.
No matter who you are, even the gov., if someone hands over $ 1/2
Billion for brand name like ... 'Maruti', ... basically money for nothing, or things .. pssst ... not to be talked about like favouratism ... then 1 would 'bend' and 'massage' the business no? Indian gov. .. read Congress Party, like China, US, France, Russia ... is among the biggest biz. conglomerates of the world meri jaan ... waddya know?
Ambani's -among the richest in the world, Moser Baer-among top 3 cd and digital products Co. globally, Airtel- among biggest telco's, Mittal-steel, world # 1, Munjal's-bikes, again worlds biggest, Jindals-steel, on their way to world's ... 1 Tata was at the inauguration of the Congress 1oo yrs. or more ago, original Gandhi was shot on Birla's house, Bajaj sponsored Congress too, Bajaj-top 10 bike Co. in the world ... what kind of hand is behind ... the Conress hand!
it seems running the country ... hehe ... is only side business. A lot more gazzillionaires are in the making right now ... Congress is in.
Hot tip re: Pak: Pak should do biz with Congress run India, Pak will save so much ... all Indian products are now much better ... and Pak terrain, Pak markets, Pak economy is soooo compatible re: Indian products. Biz. is biz. Why get ripped off by all kind of yahoos ... Indian products are tested, robust and made for ... apne log. See the price of political instability in Pak ... Pak ppl. are used to nominally (nobody sells top-of-the-line stuff for Pak prices in Pak) better quality products, usually at double the Indian price .. with recent Globalisation of Indian products ... 1 gets better quality at 1/2 price ... beleive me ... I have nothing personal against Pak. .. my family lived in Clifton, Karachi ... originally from Lucknow ... via Delhi!
India-Pak must do MFN treaty, or at least legitimise, legalise Dubai route for trade. Good for public ... India need Pak gas, cement, stones etc. too ...