Established in 1983,
Swaraj Mazda Limited, an
Chandigarh,
India based automobile company, is owned by the
Sumitomo Corporation of Japan and Punjab Tractors Limited of India, with a technical collaboration with
Isuzu and
Mazda of
Japan. Sumitomo upped its stake in the company in 2009 by purchasing all of Punjab Tractors' remaining shares, raising their stake to 53.5% After some trial production in 1985, series production began in 1986.