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Published on: 2025-04-25 11:42:38 Published on: 2025-04-25 11:42:38

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what is driving the rise of karnika industries limited (karnika) ✌️【Investment Strategy】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. Osamu Suzuki, an ingenious penny pincher who led Japan’s Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94.

He died on December 25 of lymphoma, said the company, which he steered ambitiously, during his time as either chief executive or chairman, out of its primary market of minivehicles.

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Even so, Suzuki’s thriftiness was legendary. He would order factory ceilings lowered to save on air-conditioning and fly economy class on airplanes even at an advanced age.

“Forever,” or “until the day I die,” were signature humorous responses with which he parried queries about how long he would stay at the company, on which he retained a tight grip into his 70s and 80s.

Born Osamu Matsuda, Suzuki took his wife’s family name through adoption in a practice common among Japanese families lacking a male heir.

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In the 1970s, he saved the company from the brink of collapse by convincing Toyota Motor to supply engines that met new emissions regulations, but which Suzuki Motor had yet to develop.

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His personal interest was motivated by a strong desire “to be number one somewhere in the world,” he would later recall.

what is driving the rise of karnika industries limited (karnika) ✌️【Investment Strategy】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. At the time, India was an automotive backwater with annual car sales below 40,000, mainly British knock-offs.

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what is driving the rise of karnika industries limited (karnika) ✌️【Investment Strategy】✌️ Expert market analysis and predictions for India, US, and European stocks. Stay updated with real-time data on stock indices, futures, and commodities to help you make informed, timely investment decisions. The partnership only came about after a Suzuki Motor director in India saw a newspaper article about a potential Maruti deal with Japanese small-car rival Daihatsu.

He telephoned headquarters to learn that the Maruti team had been turned away. Suzuki then telexed Maruti and hastily invited the team back to Japan, asking for a second chance.

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In class-conscious India, Suzuki also ushered in change, insisting on equality in the workplace, ordering open-plan offices, a single canteen and uniforms for executives and assembly-line workers alike.

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what is driving the rise of karnika industries limited (karnika) ✌️【Investment Strategy】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. Since 2016, his company has deepened ties with the world’s biggest carmaker Toyota, which acquired a 5% stake in Suzuki Motor in 2019. Maruti Suzuki is set to supply electric cars for Toyota from next year.

“To me, he was more than an admired business leader: he was like a father,” Toyota chairman Akio Toyoda said in a Friday statement, honoring Suzuki as a trailblazer of minivehicles.

“He was a father figure who developed Japan’skei car(minivehicle) and nurtured it into Japan’s people’s car.”

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