Attention to the minutest details has made market leader Maruti Suzuki India one of the most successful auto firms financially
IT IS NOT EASY TO BE AT THE TOP OF YOUR game continuously for 14 years. But it’s not so for 58-year-old Ajay Seth, Executive Director and Chief Financial Officer of India’s largest carmaker Maruti Suzuki, who has been adjudged the Overall Champion in this year’s BW | Businessworld-YES BANK CFO Awards.
Under Seth’s stewardship, the automaker has seen its turnover grow from Rs 12,000 crore to Rs 75,000 crore at present and become one of the most profitable Indian companies and one that has created enormous wealth for its shareholders — the past decade has seen Maruti’s market cap jump from $5 billion to $31 billion.
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