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329:
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The company had three divisions: bus body building, watches, and refrigerators. The Watch
Division of erstwhile Hyderabad Allwyn Limited was formed into a new company as Allwyn Watches Limited and the Auto and Bus Body division was formed into a new company called Allwyn Auto Ltd. Consequent to the
353:
However, by the mid-1990s the performance of the company was very weak and by 1993 all its reserves were washed off. Hyderabad Allwyn
Limited had become sick company when its accumulated losses had exceeded Rs.180 crores (INR 1.8 Bn) as on 31 March 1993 and was referred to the Board for Industrial
26:
159:
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and
Financial Reconstruction (BIFR) under the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985. Hyderabad Allwyn become a company with negative net worth. The BIFR in January 1993 declared Hyderabad Allwyn Ltd., as a sick industry and appointed
358:
as an operating agency to prepare a rehabilitation scheme. The
Government of Andhra Pradesh agreed to amalgamate Hyderabad Allwyn Limited's Refrigeration and Appliances division with Voltas Limited, a
827:
412:
unit is
Mahindra & Mahindra's light commercial vehicles unit. The old Allwyn Nissan LCV is still sold by Mahindra as the Mahindra Loadking in various configurations like light tipper and
150:
Allwyn
Refrigerators and Allwyn Watches were once a leading brand in India during the 1970s and 1980s. The company was closed in 1995 after heavy losses, primarily due to mismanagement.
41:
472:
912:
188:
boxes for the first general elections in 1952. In 1969 due to inability of its management to run the company efficiently, it was taken over by the state government.
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552:
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325:, who was then still known as Dileep, received his first break in advertising when he was asked to compose the jingle for a new line of Allwyn Trendy Watches.
907:
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208:. Eventually the Coach building division became one of the largest coach building contractors for the Andhra Pradesh government's state operated
284:
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720:
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688:
902:
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169:
was established in
January 1942 as Allwyn Metal Works. It was started as joint venture of Industrial Development Trust of the
181:
583:
781:
Restructuring public enterprises in India privatisation and disinvestment By R. K. Mishra, B. Navin, New Delhi, 2002
603:
388:
APSL, the scooter division is also presently liquidated. The watch division is now closed and is pending before
927:
805:
734:
288:
A Nissan
Cabstar model that was manufactured and sold in India by Allywn, as Allwyn Nissan and currently by
806:"Voltas > Company History > Diversified > Company History of Voltas - BSE: 500575, NSE: VOLTAS"
631:
366:
scheme of
Amalgamation as approved by the BIFR, M/s.Hyderabad Allwyn Limited ceased to be in existence.
862:
37:
917:
922:
405:
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108:
Allwyn
Refrigerators, Allwyn Watches, Allwyn Pusphak – Scooters, Allwyn – Nissan Cabstar Truck.
342:
254:
204:
were introduced in April 1963. These buses were designed by Hyderabad Allwyn Limited with
8:
674:
131:
government engineering and white goods manufacturing company involved in manufacture of
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under the brand name Allwyn Pushpak and Piaggio scooters under the name Vespa PL170.
197:
321:
had dominated the Indian watch market with almost 10% of the market share. In 1987,
404:, renaming the company as Mahindra Nissan Allwyn Ltd. In 1994 MNAL was merged with
318:
240:. Even until 2005 the refrigerators were widely rated for their energy efficiency.
201:
828:"Andhra Pradesh Scooters Ltd(liquidated) Background details about Company Profile"
213:
162:
Advertisement for Allwyn Refrigerators (The Hyderabad Allwyn Metal Works Limited)
128:
604:
http://gaia.lbl.gov/india/asl/Indian%20Refrigerator%20Survey%20Article.pdftitle=
401:
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64:
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bodies which were originally designed by MAN, Germany as the 415 L1 AR truck.
876:
523:. Hyderabad: Institute of Public Enterprise, Osmania University Campus. 1992.
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60:
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The refrigerators division which was privatised in 1994 and handed over to
322:
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had been the market leader for wrist watches in India. Allwyn along with
301:
Hyderabad Allwyn entered the watch business in 1981 in collaboration with
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25:
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52:
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473:"40 years ago...And now: Chennai's ad scene went north for a while"
224:
The Allwyn refrigerators were one of the most popular brands in
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Watch Industry – Evolution "Wrist Watch. Industry Overview"
553:"Ballot box, Feature Photo, A ballot box, made by Hyderaba"
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253:
In 1983 the automobile division entered into a tie-up with
212:
buses. Allwyn also built the Indian Army's medium-capacity
792:"Voltas Limited - Allwyn Unit - Andhra Pradesh High Court"
265:
range of Light commercial trucks. The plant was set up at
447:"40 Years Ago and Now...Voltas emerges as MNC challenger"
362:
group company which retained only 5000 Allwyn employees.
521:
Journal of the Institute of Public Enterprise, Volume 15
341:
Andhra Pradesh Scooters Limited (APSL) had manufactured
243:
219:
176:
Hyderabad Allwyn Metal Works Limited used to assemble
173:'s Hyderabad Government and M/s Allwyn & Company.
578:. New Delhi: APH Publishing Corporation. p. 40.
373:
continued with the Allwyn range of models. In 2002,
377:themselves sold their refrigerator division to the
913:Manufacturing companies based in Hyderabad, India
400:In 1989 Allwyn Nissan was privatised and sold to
874:
309:watches. Until then the central Government-run
933:Manufacturing companies disestablished in 1995
794:. indiankanoon.orgaccessdate=15 November 2013.
153:
908:Formerly government-owned companies of India
888:Defunct motor vehicle manufacturers of India
898:Manufacturing companies established in 1942
938:Conglomerate companies established in 1942
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470:
191:
24:
576:Marketing of passenger transport services
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883:Defunct manufacturing companies of India
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943:Indian companies disestablished in 1995
305:of Japan to manufacture mechanical and
893:Watch manufacturing companies of India
875:
719:: CS1 maint: archived copy as title (
471:Narasimhan, T. E. (19 February 2015).
385:, which phased out the Allwyn models.
444:
248:
244:Under Andhra Pradesh State Government
948:Indian companies established in 1941
852:
416:remains one of its largest markets.
220:Refrigeration and Appliance division
830:. Indiainfoline.com. Archived from
497:Manchanda, Anil (20 January 2016).
13:
555:. Timescontent.com. 20 August 1951
490:
445:Kumar, Abhineet (7 January 2015).
14:
964:
953:Establishments in Hyderabad State
861:. Calcutta, India. Archived from
499:"Why HMT Watches stopped ticking"
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853:Nair, Vivek (27 November 2004).
574:Yarlagadda, Srinivasulu (2006).
846:
820:
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273:and this division was named as
42:Andhra Pradesh State Government
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1:
903:Defunct watchmaking companies
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127:, established in 1942, was a
855:"Rider set for Nissan entry"
539:www.albioncx19project.org.uk
281:holding 15% of the equity.
7:
648:. www.indiastudychannel.com
419:
336:
10:
969:
154:Early History and Products
82:as Allwyn Metal Works Ltd.
602:. www.renewingindia.org/
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38:Public Sector Undertaking
32:
23:
761:"A R Rahman's biography"
182:Hyderabad State Railways
167:Hyderabad Allwyn Limited
135:, trucks, scooters, bus
125:Hyderabad Allwyn Limited
19:Hyderabad Allwyn Limited
735:"Advertisement jingles"
477:Business Standard India
451:Business Standard India
406:Mahindra & Mahindra
290:Mahindra & Mahindra
277:Allwyn Nissan Ltd with
192:Coach Building division
333:
293:
163:
69:Vehicle Coach building
928:Scooter manufacturers
396:Sale of Allwyn Nissan
349:Closure and aftermath
331:
287:
161:
865:on 27 November 2004.
701:on 23 September 2015
501:. Hindu Businessline
292:as Mahindra Loadking
255:Nissan Motor Company
332:Allwyn Pushpak 1982
261:to manufacture the
228:. Its rivals were
198:double-decker buses
114:Number of employees
20:
808:. Moneycontrol.com
334:
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249:Tie-in with Nissan
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18:
834:on 5 October 2011
741:on 28 August 2011
626:Missing or empty
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694:. Archived from
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214:Shaktiman truck
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184:, and made the
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297:Watch Division
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263:Nissan Cabstar
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180:CX9 buses for
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137:coach building
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145:wrist watches
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141:refrigerators
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61:Refrigerators
58:
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36:now defunct,
35:
31:
27:
22:
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863:the original
858:
848:
836:. Retrieved
832:the original
822:
810:. Retrieved
800:
786:
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765:. Retrieved
755:
745:25 September
743:. Retrieved
739:the original
729:
703:. Retrieved
696:the original
683:
652:25 September
650:. Retrieved
640:
628:|title=
607:. Retrieved
600:gaia.lbl.gov
599:
594:
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569:
557:. Retrieved
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535:"New Page 1"
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323:A. R. Rahman
300:
252:
223:
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149:
124:
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95:Headquarters
33:Company type
15:
609:15 November
505:20 December
133:automobiles
877:Categories
671:|url=
482:9 November
456:9 November
432:References
408:, and the
383:Electrolux
234:Kelvinator
196:The first
53:Automotive
838:24 August
812:24 August
705:7 January
559:24 August
410:Zahirabad
275:Hyderabad
271:Hyderabad
267:Zahirabad
202:Hyderabad
118:over 6500
99:Hyderabad
80:Hyderabad
715:cite web
662:cite web
619:cite web
420:See also
402:Mahindra
343:scooters
337:Scooters
105:Products
49:Industry
767:27 July
673:value (
87:Defunct
75:Founded
669:Check
582:
414:Kerala
381:based
379:Sweden
375:Voltas
371:Voltas
307:Quartz
279:Nissan
238:Voltas
230:Godrej
210:APSRTC
206:APSRTC
186:ballot
178:Albion
78:1942,
699:(PDF)
692:(PDF)
303:Seiko
269:near
259:Japan
226:India
171:Nizam
57:Watch
840:2011
814:2011
769:2011
747:2011
721:link
707:2014
675:help
654:2011
632:help
611:2013
580:ISBN
561:2011
507:2018
484:2018
458:2018
390:BIFR
360:Tata
356:IDBI
317:and
236:and
143:and
90:1999
315:HMT
311:HMT
200:in
879::
857:.
717:}}
713:{{
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40:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.