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Milestones

1965
  • Seed of Swaraj was sown In August 1965 in CSIR lab.
1970
  • Punjab Govt. through PSIDC established PTL to manufacture tractors.
1974
  • Swaraj 724(26.5 HP) tractor commercially launched.
1980
  • India's first self-propelled Harvester combine-Swaraj 8100 developed by own R&D commercially launched
  • Set up of Swaraj Foundry Division for manufacturing Castings
  • Acquired Punjab Scooters LTD (Named as Swaraj Automotive Ltd.)
1983
  • Expansion of annual capacity to 12,000 tractors per annum at Plant 1 ,Mohali.
  • Swaraj 855 launched in the 50 hp category
1984
  • Swaraj Mazda Ltd. Promoted in technical and financial collaboration with Mazda Motor Corp& Sumitomo Corp, Japan for manufacturing of Light Commercial Vehicles.
1986
  • Swaraj Engines LTD promoted for manufacturing of diesel engines in technical & financial collaboration with Kirloskar Oil Engines (KOEL).
1995
  • Plant2 established with an annual capacity of manufacturing of 12000 tractors.
1999
  • Launch of Swaraj 744.
2000
  • Completed the annual tractor capacity of 60,000.
2002
  • Cumulative sales of Swaraj tractors (till date) touches 5,00,000.
2003
  • PSIDC divested its entire equity holding (23.49%) in PTL to a private equity firm.
2005
  • PTL disinvested 15% of its holding out of 29 % in favour of Sumitomo Corp, Japan.
2007
  • M&M acquired PTL.
  • Swaraj formulated its Vision "to be within top 2 brands in India"by 2013 and initiated TQM
  • Swaraj 724 FE Orchard and Swaraj 978 launched
2009
  • PTL disinvested its remaining share holding in favour of Sumitomo Corp, Japan.
  • PTL merges with M&M to become M&M FES -Swaraj Division.
  • Swaraj Tractor population crosses 7,00,000.
  • Achieved Stage 4 in MQW cycle 1 assessment.
  • Launch of 735 XM – the first of the XM series of models.
  • Launch of 843XM – building on the XM series.
2011
  • Rated Highest In Industry for Customer Satisfaction Index (CSI), Sales Satisfaction Index (SSI) & CaPS
  • Swaraj Division achieved Stage-5 in MQW Assessment
2012
  • Launch of 825XM, 841XM, 744XM, 855XM - strengthening the product portfolio with XM Series.
  • Rated Highest In Industry for Customer Satisfaction Index (CSI).
  • Swaraj becomes the second tractor company in the world to win the prestigious DEMING Prize.
2012

Rated Highest In Industry for Customer Satisfaction Index (CSI).

2013

Swaraj Division Plant 1 and Plant 2 Won TPM Excellence Award From JIPM.

2014

Launch of 735XT and 724ORCH NT.

2015

Launch of 960FE and 717.

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