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Hyderabad Allwyn

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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
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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
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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
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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
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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
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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.
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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.
932: 552: 446: 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: 887: 897: 937: 831: 882: 942: 854: 892: 208:. Eventually the Coach building division became one of the largest coach building contractors for the Andhra Pradesh government's state operated 284: 947: 952: 720: 498: 688: 902: 645: 169:
was established in January 1942 as Allwyn Metal Works. It was started as joint venture of Industrial Development Trust of the
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Restructuring public enterprises in India privatisation and disinvestment By R. K. Mishra, B. Navin, New Delhi, 2002
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APSL, the scooter division is also presently liquidated. The watch division is now closed and is pending before
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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.
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Allwyn Refrigerators, Allwyn Watches, Allwyn Pusphak – Scooters, Allwyn – Nissan Cabstar Truck.
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were introduced in April 1963. These buses were designed by Hyderabad Allwyn Limited with
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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.
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had dominated the Indian watch market with almost 10% of the market share. In 1987,
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Advertisement for Allwyn Refrigerators (The Hyderabad Allwyn Metal Works Limited)
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http://gaia.lbl.gov/india/asl/Indian%20Refrigerator%20Survey%20Article.pdftitle=
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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. 425: 177: 60: 760: 369:
The refrigerators division which was privatised in 1994 and handed over to
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had been the market leader for wrist watches in India. Allwyn along with
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Hyderabad Allwyn entered the watch business in 1981 in collaboration with
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The Allwyn refrigerators were one of the most popular brands in
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Watch Industry – Evolution "Wrist Watch. Industry Overview"
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In 1983 the automobile division entered into a tie-up with
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buses. Allwyn also built the Indian Army's medium-capacity
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range of Light commercial trucks. The plant was set up at
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group company which retained only 5000 Allwyn employees.
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Journal of the Institute of Public Enterprise, Volume 15
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Andhra Pradesh Scooters Limited (APSL) had manufactured
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Hyderabad Allwyn Metal Works Limited used to assemble
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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 573: 470: 191: 24: 576:Marketing of passenger transport services 496: 883:Defunct manufacturing companies of India 395: 348: 327: 283: 157: 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" 296: 853:Nair, Vivek (27 November 2004). 574:Yarlagadda, Srinivasulu (2006). 846: 820: 798: 784: 775: 753: 727: 681: 273:and this division was named as 42:Andhra Pradesh State Government 638: 592: 567: 545: 527: 513: 464: 438: 1: 903:Defunct watchmaking companies 431: 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/ 112: 104: 94: 86: 74: 48: 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: 294: 249:Tie-in with Nissan 164: 18: 834:on 5 October 2011 741:on 28 August 2011 626:Missing or empty 122: 121: 960: 867: 866: 850: 844: 843: 841: 839: 824: 818: 817: 815: 813: 802: 796: 795: 788: 782: 779: 773: 772: 770: 768: 757: 751: 750: 748: 746: 737:. Archived from 731: 725: 724: 718: 710: 708: 706: 700: 694:. 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Retrieved 832:the original 822: 810:. Retrieved 800: 786: 777: 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: 575: 569: 557:. Retrieved 547: 538: 535:"New Page 1" 529: 520: 515: 503:. Retrieved 492: 480:. Retrieved 476: 466: 454:. Retrieved 450: 440: 399: 387: 368: 364: 352: 340: 323:A. R. Rahman 300: 252: 223: 195: 175: 166: 165: 149: 124: 123: 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:{{ 666:: 664:}} 660:{{ 623:: 621:}} 617:{{ 537:. 475:. 449:. 392:. 257:, 232:, 147:. 139:, 67:, 63:, 59:, 55:, 842:. 816:. 771:. 749:. 723:) 709:. 677:) 656:. 634:) 630:( 613:. 588:. 563:. 541:. 509:. 486:. 460:. 44:) 40:(

Index


Public Sector Undertaking
Andhra Pradesh State Government
Automotive
Watch
Refrigerators
Home appliance
Vehicle Coach building
Hyderabad
Hyderabad
Hyderabad State
automobiles
coach building
refrigerators
wrist watches

Nizam
Albion
Hyderabad State Railways
ballot
double-decker buses
Hyderabad
APSRTC
APSRTC
Shaktiman truck
India
Godrej
Kelvinator
Voltas
Nissan Motor Company

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