Swaraj Mazda

Last updated

SML Isuzu
Successor SML Isuzu Limited
Founded1983
Defunct2011
Headquarters,
Products trucks, buses, ambulances, police personnel carriers, water tankers and special vehicles
Parent Sumitomo Corporation
Divisions Swaraj Mazda Parts Division
Website smlisuzu.com

Established in 1983, Swaraj Mazda Limited, at Chandigarh, India based automobile company, is owned by the Sumitomo Corporation of Japan and Punjab Tractors Limited of India, with a technical collaboration with Isuzu and Mazda of Japan. Sumitomo upped its stake in the company in 2009 by purchasing all of Punjab Tractors' remaining shares, raising their stake to 53.5% [1] After some trial production in 1985, series production began in 1986. [2]

Chandigarh Union territory and capital city of Punjab and Haryana states in northern India

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India Country in South Asia

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Sumitomo Group business

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The company manufactures light commercial vehicles like trucks, buses, ambulances, police personnel carriers, water tankers and special vehicles.

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It exports its products to countries like Nepal, Zambia, Bangladesh, Kenya, Tanzania, Ghana, Ivory Coast, Rwanda, Seychelles, Syria, Jordan.

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Bangladesh Country in South Asia

Bangladesh, officially the People's Republic of Bangladesh, is a country in South Asia. While it is the 92nd-largest country, spanning 147,570 square kilometres (56,980 sq mi), it is the world's 8th-most populous country with a population nearing 163 million, making it one of the most densely populated countries in the world. Bangladesh shares land borders with India to the west, north and the east and Myanmar to the east, whereas the Bay of Bengal lies to its south. Dhaka, its capital and largest city, is also the economic, political and the cultural hub of the country. Chittagong, the largest sea port, is the second largest city. The country's geography is dominated by the Ganges delta which empties into the Bay of Bengal the combined waters of several river systems, including those of the Brahmaputra and the Ganges. As a result, the country is criss-crossed by numerous rivers and inland water ways. Highlands with evergreen forests cover the landscape in the northeastern and southeastern regions of the country. The country also features the longest natural sea beach and most of the largest mangrove forest in the world. The country's biodiversity includes a vast array of plants and wildlife, including the endangered Bengal tiger, the national animal.

The company's annual turnover for the year 1997 - 1998 exceeded Rs. 151 crores. It has a dealer network of about 128 dealers spread throughout India. Swaraj Engines and Punjab Scooters are its associate companies.

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In June 2006, Swaraj Mazda entered a new Technical agreement with Isuzu Motors, Japan.

In 2009, Swaraj Mazda started to roll out Luxury buses and medium-duty trucks powered by Isuzu Engines from a new plant in Punjab. Plans are to build multi-axle trucks, tractor units and refrigerated trucks within the next three years. For an interim period, these vehicles were marketed under the Swaraj Mazda Isuzu brand. [3]

In addition, Swaraj Mazda is moving to offer the Isuzu D-Max pickup. [4]

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Former associate company Punjab Tractors manufactured agricultural tractors and combine harvesters under the Swaraj brand name before selling 64.6% to Mahindra Tractors. In 2009, Mahindra and Swaraj Mazda settled a dispute over the use of the Swaraj name, allowing Swaraj Mazda to continue using the name for only two more years. [5]

Swaraj Mazda Limited has informed the Exchange that at the Board Meeting of the Company held on 1 October 2010, the Board of Directors have decided to change the name of the Company from Swaraj Mazda Limited to SML Isuzu Limited. As of 2011 they no longer use the "Swaraj" brand name.

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Swaraj division is a tractor and farm equipment making company which is owned by Mahindra & Mahindra Ltd. Formerly known as Punjab Tractors Limited, the company was taken over by Mahindra Group in 2007 and subsequently in 2009, the name was changed to Swaraj Division. Punjab Tractors was the first Indian company to indigenously manufacture agricultural tractors in India, aptly named as Swaraj - giving a new dimension to the concept of self-reliance put forth by MK Gandhi. The seeds of this organization were sown in Central Mechanical Engineering Research Institute (CMERI), Durgapur in 1960s in the form of a design project, which later took the form of an organization in Mohali (Punjab), near Chandigarh.

References

  1. "Company History: Major Milestones".
  2. "Company History: Major Milestones". Chandigarh: SML Isuzu Limited. Retrieved 16 September 2013.
  3. "India: Swaraj Mazda builds medium-heavy CV capacity". Automotive World. 13 March 2009. Retrieved 26 July 2010.
  4. "Swaraj Mazda D-Max - - News : Overdrive". Overdrive.in. 7 November 2008. Archived from the original on 29 July 2010. Retrieved 26 July 2010.
  5. "M&M, Swaraj resolve brand issue-Automobiles-Auto-News By Industry-News-The Economic Times". Economictimes.indiatimes.com. 31 March 2009. Retrieved 26 July 2010.