Multiple choice

India's first joint sector company is

  1. Maruti Udyog Limited.

  2. Sundaram Clayton.

  3. Automobile Products of India Ltd.

  4. SPIC (Southern Petrochemical Industries Corporation) Ltd.

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

SPIC (Southern Petrochemical Industries Corporation Ltd.), established in 1975, was India's first joint sector company where the government and private sector collaborated. While Maruti Udyog became more famous, SPIC pioneered the joint sector model earlier.