Former MD of Maruti Suzuki Jagdish Khattar dies due to cardiac arrest
Jagdish Khattar was the managing director of Maruti Udyog Limited from 1993 until his retirement in 2007
BusinessToday.In | April 26, 2021 | Updated 13:19 IST
Former Maruti MD Jagdish Khattar passes away
Former Managing Director of Maruti Suzuki and founder of Carnation Auto India, an automotive sales and service company, passed away on Monday due to a cardiac arrest. He was 78-years old.
Khattar was with Maruti Udyog Limited from 1993 till his retirement in 2007. He joined Maruti in 1993 as director of marketing and went on to became its MD in 1999, first as a government nominee and then in May 2002 as the Suzuki Motor Corporation nominee.
Often referred to as the Lee Iacocca of motown in India, Khattar is credited with rebuilding Maruti into a strong and independent company that enjoys an enviable hold in India s passenger vehicle market
Former Maruti MD Jagdish Khattar passes away
Former Maruti Udyog Limited MD Jagdish Khattar passed away on Monday due to a cardiac arrest. He was 78 years old.
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Former Maruti Udyog Limited MD Jagdish Khattar. (Photo: Twitter/jagdishkhattar)
Jagdish Khattar, former managing director of Maruti Udyog Limited (MUL), passed away on Monday due to a cardiac arrest. He was 78 years old.
Maruti Suzuki Chairman RC Bhargava confirmed Khattar s death to CNBC-TV18 and said it is a deep personal loss.
“This is a deep personal loss and has come as a big shock. We had worked together for many years. He is someone who had done a lot of good for Maruti,” Bhargava told the publication.
Khattar, 78, served in Maruti Udyog Limited from 1993 to 2007.
He joined Maruti in July 1993 as director (marketing), and went on to become managing director in 1999, first as government nominee, and then in May 2002, as Suzuki Motor Corporation (SMC) nominee.
Prior to his stint with Maruti, Khattar was an IAS officer with around 37 years of experience.
After retiring in 2007, he started Carnation, a multi-brand car sales and service network. The venture was later acquired by Mahindra First Choice in 2018.
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By siliconindia | Monday, 26 April 2021, 11:50 Hrs Jagdish Khattar, former managing director of Maruti Suzuki and founder of an automotive sales and service company, Carnation Auto India suffered cardiac arrest and died at the age of 79. Jagdish was associated with Maruti Udyog Limited from 1993 till his retirement in 2007. Later, he joined Maruti in 1993 as director of marketing and went on to elevate as its MD in 1999, first as a government nominee and then in May 2002 as the Suzuki Motor Corporation nominee. Before his stint with Maruti Suzuki, Jagdish served as an IAS officer with about 37 years of experience. After obtaining retirement from Maruti in 2007, he set up the foundation of his new company, Carnation Auto India that has a multi-brand pan-India sales and service network.