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Promoted 1970 as India's first large scale, totally indigenous project to commercialize country's first truly Indian tractor-Swaraj. PTL and Swaraj today is multi company, multi division and a multi product enterprise.

Promoted 1984 in technical and financial collaboration with Mazda Motor Corporation and Sumitomo Corporation, Japan for manufacture of (Light Commercial Vehicles) LCVs.

Promoted 1986 in technical and financial collaboration with Kirloskar Oil Engines Ltd. (KOEL) for manufacture of Diesel Engines. A rare example of supplier/customer joint venture. Declaring maiden dividend in the very first full year of operations has been exceptional performance.

Formerly Punjab Scooters Limited, a sick unit in backward area, was revived by PTL in 1980 with full management control. SAL discarded unviable scooter line and diversified into manufacturing Seats, Seating systems and Auto Components.
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