"Maruti Suzuki Ends Contract With Suzuki Motor Gujarat | Plans Share Acquisition!"

Maruti Suzuki India has officially informed the stock exchanges about its decision to terminate the contract manufacturing agreement with Suzuki Motor Gujarat Private Limited (SMG). But that's not all; the company's board has also set its sights on acquiring shares of SMG from Suzuki Motor Corporation (SMC) in Japan. However, this plan is subject to various legal and regulatory requirements, including the approval of minority shareholders. BTTV's Associate Editor speaks to R.C Bhargava, Chairman of Maruti Suzuki on the big announcement and its impact.