Maruti Udyog Ltd, formed in 1981 from Maruti Ltd nationalization and a collaboration with Suzuki, quickly became a leader in India’s automobile industry with the launch of the iconic Maruti 800 in 1983. The company aims to maintain its market leadership by developing fuel-efficient vehicles and expanding into hybrid and electric cars, while also focusing on corporate social responsibility initiatives in local communities. By 2007, the Indian government completely divested its stake, and as of June 2012, Maruti Suzuki remains a dominant player in the market with consistent growth in sales.