Question
Download Solution PDFWhich of the following is an example of joint sector Industry?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Maruti Udyog Limited.Key Points
- Maruti Udyog Limited is an example of a joint sector industry because it was established as a collaboration between the Indian government and Suzuki of Japan in 1981.
- Joint sector industries are those in which both the private sector and the public sector invest and participate.
Additional Information
- The Steel Authority of India Limited is a public sector undertaking, which means it is owned and operated by the government.
- Hindustan Aeronautics Limited is also a public sector undertaking that designs and manufactures aircraft and related components.
- Anand Milk Union Limited is a cooperative dairy company owned by farmers in Gujarat, India.
Last updated on Jul 7, 2025
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