December 27th 2024.
Reports have confirmed that Osamu Suzuki, the man who took a chance on India when others doubted the potential for a successful automobile company in the country, has passed away at the age of 94. According to Suzuki Motor Corporation based in Japan, he died on December 25th due to malignant lymphoma.
Suzuki's legacy in India began in 1981 when he partnered with the Indian government to establish a joint venture known as Maruti Udyog Ltd. At the time, India was still a closed economy with strict licensing regulations in place. However, Suzuki was willing to take the risk and his decision ultimately played a significant role in propelling the automotive industry in the country. In 2007, Maruti Udyog Ltd evolved into Maruti Suzuki India Ltd, with Suzuki Motor Corporation holding a majority stake. Osamu Suzuki served as the Director and Honorary Chairman of the company.
R C Bhargava, Chairman of Maruti Suzuki India Ltd, expressed his gratitude for Suzuki's contributions to the Indian automobile industry. He credited Suzuki's vision, willingness to take risks, love for India, and teaching abilities for paving the way for the industry to become a powerhouse. Bhargava also highlighted Suzuki's pivotal role in building bridges between India and Japan, which was recognized when he was awarded the Padma Bhushan. In a separate statement, MSIL acknowledged Suzuki's visionary leadership and his instrumental role in the formation of Maruti Udyog Ltd in 1981.
Under Suzuki's guidance, the Indian automotive industry adopted Japanese manufacturing and work practices, which are known for their teamwork, productivity, and cost-effectiveness on a global scale. Bhargava also shared a personal connection with Suzuki, describing him as a teacher, mentor, and someone who stood by him during his darkest days. He expressed his gratitude for the opportunity to see Suzuki one last time at his 90th birthday celebration in July this year.
Born on January 30, 1930, Suzuki joined Suzuki Motor Co Ltd in 1958 after graduating from Chuo University's Faculty of Law. He rose through the ranks and was appointed as Chairman of Suzuki Motor Corporation in June 2000. In June 2021, he became Senior Advisor, passing on the reins to his eldest son Toshihiro Suzuki.
The news of Suzuki's passing has also been met with tributes from the automotive industry in India. The President of Automotive Component Manufacturers Association of India, Shradha Suri Marwah, acknowledged his exceptional contributions to India through Maruti Suzuki. She credited him for revolutionizing the Indian automotive landscape and strengthening the bond between India and Japan, leading to a robust supply chain that empowered countless businesses. Marwah also described Suzuki as a trailblazer, mentor, and innovator whose legacy will continue to inspire future generations in the automotive and business communities.
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