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Maruti Suzuki India to incorporate not-for-profit subsidiary

27-Oct-2026 | 20:14
Under name of Osamu Suzuki Centre of Excellence Foundation
The board of Maruti Suzuki India at its meeting held on 27 October 2026 has approved the incorporation of a company under Section 8 of the Companies Act, 2013 (the 'Act') in the name and style 'OSAMU SUZUKI CENTRE OF EXCELLENCE (OSCOE) FOUNDATION' or such other name as may be approved by the Registrar of Companies as a wholly owned subsidiary of the Company.

The proposed company shall be incorporated under Section 8 of the Act to promote and enhance vocational and technical skills for advancing manufacturing excellence and best practices across India, including Japanese manufacturing philosophies, practices, culture and teachings of Osamu Suzuki, thereby contributing to the growth and competitiveness of India's manufacturing sector as part of the activities under Corporate Social Responsibility in accordance with Section 135 read with Schedule VII of the Act.