Hyderabad Allwyn Limited
Encyclopedia
Hyderabad Allwyn Limited was established in January 1942 as Allwyn Metal Works. It was started as joint venture of lndustrial Development Trust of the Nizam
's Hyderabad Government and M/s Alladin & Company
. Hyderabad Allwyn Metal Works Limited used to assemble Albion
CX9 buses for Hyderabad State Railways
. The ballot
boxes for first ever general elections in 1952 were made by Hyderabad Allwyn Metal Works. The first double-decker bus
es in Hyderabad were introduced in April 1963. These buses were designed by Hyderabad Allwyn Limited with APSRTC .
In 1969 due to inability of its management to run the company efficiently, it was taken over by State Government . However, by 1990s the performance of the company was very weak and by 1993 all its reserves were washed off. Hyderabad Allwyn become a company with negative net worth. . The company had three divisions, bus body building, watches & refrigerators. The refrigerators division was privatised in 1994 and handed over to Voltas
. . The Allwyn refrigerators model was eventually phased out by Electrolux
in 2002.
In 1983 the automobile division entered into a tie-up with Nissan and the division was named as Hyderabad Allwyn Nissan Ltd with Nissan holding 15% of the equity. In 1989 Allwyn Nissan was privatised and taken over by Mahindra
the company was called Mahindra Nissan Allwyn Ltd.. In 1994 MNAL was merged with Mahindra & Mahindra.
Hyderabad Allwyn entered the watch business in 1981 in collaboration with Seiko
of Japan
. The watch division is now closed and is pending before BIFR. Allwyn along with HMT
& Titan Industries
had dominated the Indian watch market with almost 10% of the market share.Hyderabad Allwyn Limited in 1987 gave A. R. Rahman
, who was then still known as Dileep his first break in advertising when he was asked to compose the jingle for a new range of watches known as Allwyn Trendy Watches.
Andhra Pradesh Scooters Limited (APSL) had manufactured scooter
s under the brand name Allwyn Pushpak. APSL is also presently liquidated.
Nizam
Nizam-ul-Mulk of Hyderabad popularly known as Nizams of Hyderabad was a former monarchy of the Hyderabad State, now in the states of Andhra Pradesh , Karnataka , and Maharashtra in India...
's Hyderabad Government and M/s Alladin & Company
. Hyderabad Allwyn Metal Works Limited used to assemble Albion
Albion Motors
Albion Automotive of Scotstoun, Glasgow is a former Scottish automobile and commercial vehicle manufacturer, currently involved in the manufacture and supply of Automotive component systems....
CX9 buses for Hyderabad State Railways
Nizam's Guaranteed State Railway
The Nizam's Guaranteed State Railway was a Railway Company in India between 1879 to 1950, and was owned by the Dominion of Nizam or better known as the Hyderabad State....
. The ballot
Ballot
A ballot is a device used to record choices made by voters. Each voter uses one ballot, and ballots are not shared. In the simplest elections, a ballot may be a simple scrap of paper on which each voter writes in the name of a candidate, but governmental elections use pre-printed to protect the...
boxes for first ever general elections in 1952 were made by Hyderabad Allwyn Metal Works. The first double-decker bus
Double-decker bus
A double-decker bus is a bus that has two storeys or 'decks'. Global usage of this type of bus is more common in outer touring than in its intra-urban transportion role. Double-decker buses are also commonly found in certain parts of Europe, Asia, and former British colonies and protectorates...
es in Hyderabad were introduced in April 1963. These buses were designed by Hyderabad Allwyn Limited with APSRTC .
In 1969 due to inability of its management to run the company efficiently, it was taken over by State Government . However, by 1990s the performance of the company was very weak and by 1993 all its reserves were washed off. Hyderabad Allwyn become a company with negative net worth. . The company had three divisions, bus body building, watches & refrigerators. The refrigerators division was privatised in 1994 and handed over to Voltas
Voltas
Voltas Limited is an engineering, air conditioning and refrigeration company based in Mumbai, India. It makes stuff for industries in areas such as heating, ventilation and air conditioning, refrigeration, construction equipment, materials handling, water management, building management systems,...
. . The Allwyn refrigerators model was eventually phased out by Electrolux
Electrolux
The Electrolux Group is a Swedish appliance maker.As of 2010 the 2nd largest home appliance manufacturer in the world after Whirlpool, its products sell under a variety of brand names including its own and are primarily major appliances and vacuum cleaners...
in 2002.
In 1983 the automobile division entered into a tie-up with Nissan and the division was named as Hyderabad Allwyn Nissan Ltd with Nissan holding 15% of the equity. In 1989 Allwyn Nissan was privatised and taken over by Mahindra
Mahindra
Mahindra may refer to:In People*Mahinda, the son of Emperor Ashoka and proponent of Buddha's teachings in Sri Lanka*Anand MahindraIn Companies* Mahindra Group...
the company was called Mahindra Nissan Allwyn Ltd.. In 1994 MNAL was merged with Mahindra & Mahindra.
Hyderabad Allwyn entered the watch business in 1981 in collaboration with Seiko
Seiko
, more commonly known simply as Seiko , is a Japanese watch company.-History and ongoing developments:The company was founded in 1881, when Kintarō Hattori opened a watch and jewelry shop called in the Ginza area of Tokyo, Japan. Eleven years later, in 1892, he began to produce clocks under the...
of Japan
. The watch division is now closed and is pending before BIFR. Allwyn along with HMT
HMT
HMT may refer to:* Hart Memorial Trophy*How Many Times , multiple songs*Hindustan Machine Tools*His/Her Majesty's Transport*His/Her Majesty's Trawler*His/Her Majesty's Treasury*His/Her Majesty's Theatre...
& Titan Industries
Titan Industries
Titan Industries is the world's fifth largest wrist watch manufacturer and India's leading producer of watches under the Titan, Fastrack, Sonata, Nebula, RAGA, Regalia, Octane & Xylys brand names. It is a joint venture between the Tata Group, and the Tamil Nadu Industrial Development Corporation...
had dominated the Indian watch market with almost 10% of the market share.Hyderabad Allwyn Limited in 1987 gave A. R. Rahman
A. R. Rahman
Allah Rakha Rahman is an Indian composer, singer-songwriter, record producer, musician, and philanthropist. Described as the world's most prominent and prolific film composer by Time, his works are notable for integrating eastern classical music with electronic music sounds, world music genres and...
, who was then still known as Dileep his first break in advertising when he was asked to compose the jingle for a new range of watches known as Allwyn Trendy Watches.
Andhra Pradesh Scooters Limited (APSL) had manufactured scooter
Scooter
-Vehicles:*Kick scooter, a two-wheeled non-motorized vehicle, primarily a child's play thing, designed to have the rider primarily in the standing position, propelled by a rider pushing off the ground...
s under the brand name Allwyn Pushpak. APSL is also presently liquidated.