India’s heavy industries minister Santosh Mohan Deb said on Monday his ministry had no objection to the sale of the government’s remaining stake in the country’s biggest car maker, Maruti Udyog.
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“I have no objection to the sale of remaining share in Maruti. I have already informed this to the finance minister,” Deb told Reuters.
The Indian government holds 10.27% in Maruti Udyog. Maruti is 54.2% owned by Suzuki Motor.
