Former MD of Maruti Suzuki and Auto Industry Veteran Jagdish Khattar passes away!
The former chief of Maruti Udyog passed away on 26th April 2021 due to cardiac arrest. He was 78 years old and was the managing director of Maruti Udyog Limited from 1993 until his retirement in 2007.
Mr.Jagdish Khattar had joined Maruti in July 1993 as director of marketing operations, and went on to become Managing Director in 1999, first as government nominee, and then in May 2002, as Suzuki Motor Corporation (SMC) nominee. Mr.Khattar had overseen a restructuring of the company in face of increased competition caused by the foray of various foreign car players in the Indian market. His last day in office at Maruti as MD, at age 65, was on Tuesday, 18 December 2007. The former chief of Maruti Udyog passed away on 26th April 2021 due to cardiac arrest.
Prior to Maruti Suzuki, he has been an officer of the Indian Administrative Service with more than 37 years of experience. He has served as the joint secretary in the Union Ministry of Steel, and at various key administrative positions in the Uttar Pradesh government.
Post Maruti Suzuki, he turned into an entrepreneur and decided to set up an independent multi-brand pan India sales and service network in the automobile sector. In 2008, Khattar launched his next venture - Carnation Auto, with a vision of developing a multi-brand automobile sales and service network.