Maruti Suzuki India Limited (MSIL) MD and CEO, Kenichi Ayukawa was awarded the 'Best CEO - Multinational Company' at Forbes India Leadership Awards (FILA) 2016 in Mumbai.
Mr. Ayukawa was awarded for helping move Maruti Suzuki towards the "next phase of sustainable growth" and driving "deep-rooted changes in the organization."
The MD & CEO of India's largest car manufacturer served earlier in the U.S., Japan, and Pakistan, took the reigns of MSIL in 2013.
MSIL led the market in offering the first Automatic Manual Transmission (AMT) or what Maruti calls it as Auto Gear Shift (AGS) in India.
This technology was introduced with the small hatchback Celerio in 2014 and then it was later featured in the Alto K10, WagonR, and the DZire diesel model.
The company also introduced the Small Hybrid Vehicle by Suzuki (SHVS) in the Ciaz sedan and the Ertiga MPV and has eventually boosted its sales.
Maruti Suzuki launched the Vitara Brezza, Baleno, and the S-Cross through its premium NEXA dealerships and has taken the customers to a new buying experience.
Also, to the credit is that the company has started offer standard fitment of dual airbags with ABS with EBD in most of their vehicles or as optional on some of the vehicles.
All these initiatives have enabled Maruti Suzuki to grow its market share to 47 percent in the passenger vehicles market, this is up from 38 percent a year ago.