(a) whether Maruti Udyog Limited is transferring India`s foreign
exchange as profit to Suzuki Motor Company, Japan;
(b) if so, the amount transferred to Japan so far; and
(c) the measures the Government propose to take to check the repatriation
of profit out of the country and to increase the Indian share of profit in
Maruti Udyog Limited?
MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (DR. VALLABHBHAI KATHIRIA)
(a) to (c): Maruti Udyog Ltd. (MUL) has been paying dividend to Suzuki
Motor Company (SMC), Japan under the normal Government policy. The total
gross dividend paid by MUL to SMC, as a shareholder since 1982-83 to
1999-2000 is Rs.114.84 crores. There is no proposal, as of now, to increase
the GOI share in MUL.