HindustanMotors Today –
Hindustan Motors is the automobile maker from India. This organization is the part of the famous industrial group, Birla Technical Services. Before establishing the Maruti Udyog, this vehicle manufacturer was the largest car manufacturer in India. This company is the producer of the Ambassador cars which are widely used as a government limousine and as a taxicab.
It is one of the three original car manufacturers in India. Headquarters of this automaker is located in the Kolkata, West Bengal and this building is known as the Hindmotor. Currently, this company employs around 4000 people. Hindustan Motors Limited is the pioneering vehicle manufacturing company of India.
Uteco Limited and Hindustan Motors Ltd are the subsidiaries of HM. Hindustan Landmaster, Hindustan Ambassador, RTV Ranger, and Hindustan Winner are some of the current models from this brand which are available in vehicle market.
On the other hand, the Hindustan Contessa, Hindustan Pushpak, Porter, and Trekker, BedFord TJ, and Isuzu F series were the discontinued models of this company. The assembly plant of Hindustan Motors are located in,
Hindmotor, West Bengal
Pithampur, Madhya Pradesh
Thiruvallur, Tamil Nadu
Hosur, Tamil Nadu
HindustanMotors History –
Hindustan Motors was established to manufacture automobiles for Indian Middle-classes.
In 1942, Hindustan Motors Limited was established by B. M. Birla on February 11. This company started its operations from a very small assembly plant which was situated in Port Okha near Gujrat.
In 1945, approximately 48,75,000 shares issued by using prospectus of which current shareholders need to subscribed for 9,75,000 shares and all existing directors and their friends for 24,00,000. The other 15, 00,000 shares offered to public.
In 1948, all production operations of this company were shifted to Uttarpara, West Bengal and the Ambassador was the first model which was produced in this plant.
Until 1949, production of the Hindustan 10 model did not start and this model was based on the British Morris 10. This is the first automobile which was produced under this brand.
In 1950s, this automaker extended its arrangement with famous Morris Motors by beginning manufacturing process of the Morris Minor. The production of ‘Baby Hindustan’ and the ‘Hindustan 14’ started and both of these models were based on the Morris Minor and Morris 14 models respectively.
In 1954, production of the Landmaster began and this vehicle was based on the Morris Oxford.
From 1957, the tool line of the Morris Oxford series 3 was shifted to India.
In 1958, manufacturing process of the Ambassador model was started.
In 1959, HM entered into an agreement with the Marion Power Shovel company and the Universal Marion S.A. for the production and sale of Crawler 93M diesel mounted powered excavators. In this very same year, HM and Caterpillar Tractor Company, USA joined hands for the production and sale of bulldozers and scrapers.
In 1967, Hindustan Motors was collaborating with the General Motors Corporation, USA, for manufacturing earthmoving equipment at its assembly plant, Trivellore.
In 1970, around 1,757 right equity shares assigned out of earlier right issue.
In 1971, this automaker diversified its operations by establishing a production plant at Tiruvallur for the production of dumpers, crawlers, and front-end loaders.
In 1978, diesel engine version of Ambassador Model became available in vehicle market.
In late 1980s, Hindustan Motors began a joint venture with Isuzu for manufacturing transmissions and engines for the Contessa model. Till the end of this year, this brand was the leader in car sales.
From 1982 to 2002, this automobile manufacturer manufactured the Contessa.
In 1983, the government accepted the proposal of HM to increase the manufacturing capacity of passenger car models to 50,000 units per annum out of which 20,000 models were to be manufactured in Madhya Pradesh.
During 1983 to 1993, the collaboration of HM and Isuzu lasted.
In 1984, Hindustan Motors launched its new Contessa model. During this year, HM was entered into technical collaboration with Isuzu Motors Ltd to produce the Trooper model. This company was also united with Caterpillar USA for manufacturing its diesel engine.
In 1985, HM was unveiled the new Contessa Classic model. This automaker signed a collaboration agreement with Liebherr Induetrieanlagen AG for the production of tire mounted mobile cranes. In this very same year, it established a plant at Hosur, Tamil Nadu for manufacturing heavy duty transmission. In the month of October, the company launched the 50 –ton dumper. It signed a collaboration deal with Caterpillar Tractor Company to produce Earthmoving equipment.
In 1986, the company introduced the front end loaders and crawler tractors. In this year, the Hindustan Motors Corporation Ltd became the Hindustan Motor Finance Corporation Ltd.
HM launched the 85-ton dumper in 1987, which was based on the technology of Caterpillar.
In 1988, it entered in an agreement with the Birla Technical Services Ltd for services and supply of materials. For the production of Hindustan Tractors, this company was collaborated with Pragoti Industries Ltd. It had collaborated with the Twin Disc Inc, USA for certain range of transmissions.
In 1989, the name of Uteco Ltd was changed to HM Export Ltd.
In the early 1990s, this automaker assembled and sold some F-series –JCS Isuzu trucks.
In 1991, this company allocated 137, 93,730 number of equity shares according to the conversion part-A of debentures 12.5 percent. It was introduced the two new transmissions.
In 1992, this automaker launched the new 20-ton dumper which was available with improved power train and upgraded disc brakes. Two latest transmissions were introduced as well.
In 1993, this company unveiled the new Ambassador 1800 ISZ which was based on the Isuzu technology.
In the year 1994, Hindustan motors and General Motors established the 50-50 joint venture and this joint venture was known as General Motors India for the production of Opel Astra models.
In 1995, HM began a joint venture with General Motors Corporation of US established in the name of General Motors India Limited. The power product division of Hindustan Motors achieved ISO certification. In this very same year, it has launched the new generation of Ambassador Model. This automobile manufacturer also unveiled environment-friendly petrol/compressed natural gas bi-fuel Ambassador Car. By the quality system of Indian Register, HM’s passenger car division was awarded with the ISO 9001 coveted certificate. It was collaborated with Fermec UK to produce new blackhoe loaders.
In 1996, production delayed due to the stoppage of work for around 71 days. The Contessa Classic and Contessa 2000 cc models were introduced under this brand. Its auto marketing division was achieved ISO 9001 certification. For manufacturing rural transport vehicle, this company was established the new production plant at Indore.
In 1997, Hindustan Motors tied up with Mitsubishi Motors for production of 20,000 Lancer passenger MMC sedan cars. During this year, this automaker signed a memorandum of understanding with various vendors such as Wheels India Ltd and Lucas –TVS Ltd to manufacture spare parts for Lancer MG41 model. HM was also established new assembly plant for production of small – size earthmoving equipments at Pondicherry in association with Fermec of UK. In the month of July, Hindustan Motors Ltd in collaboration with the OKA Motor company launched the new multi-utility automobile.
In 1998, this automobile manufacturer has started a joint venture with Mitsubishi and manufactured several models such as the Mitsubishi Lancer, Mitsubishi Cedia, Mitsubishi Montero, Mitsubishi Outlander, and Mitsubishi Pajero. HM declared about its launch of first transport automobile from its assembly plant at Pithampur.
In 1999, GM bought out the Halol assembly plant from Hindustan. HM was tied up with Mahindra & Mahindra for obtaining Isuzu petrol engine for its utility models.
In 2000, HM sold its HMEED production plant to Caterpillar and quit the business of earthmovers. During this year, this automaker was introduced its two-latest variants of Lancer Model. In January, this company also unveiled the Lancer GLX, Lancer SFX, and Lancer SLX. Hindustan Motor’s earthmoving equipment division achieved the 9000 QS certification. During December, it has sold approximately 504 Lancer models.
In 2001, HM was officially launched its new rural transport automobile in the vehicle market of Maharashtra. This company launched unveiled the latest Lancer model.
In 2002, HM was launched the new two-ton pickup vehicle in collaboration with the Australia Company. In this very same year, it was received permission from the Automobile Research Association of India for manufacturing LPG-powered RTV. It also launched the Pajero model in 2002. Mr. Naresh Chandra was appointed as the new director of Hindustan Motors board.
In 2003, Hindustan Motors Corporation introduced the new ‘Ambassador Grand’ model and it also launched the new Lancer Invex, premium midsize car.
Till 2004, more than four million Ambassador Models had been sold out.
In 2005, the company introduced the new Lancer variant and in the month of April, it introduced the latest ‘LPG Ambassador’ model.
In 2007, Y. Goenka was elected as the new Company secretary of HM.
In 2008, the net profit of this company is around $-30, 860 million and the revenue is $ 148, 979 million.
In 2009, HM has signed a deal with Punjab National Bank under a MoU and according to this MoU, PNB would offer attractive and easy finance schemes for at least three years.
In 2010, Mr. Manoj Jha was appointed as the new managing director of HM.