RIP : Amby

Vajpayee opted for custom-made BMW in 2003. Since then, the government purchases have declined, and there is a steady, downhill for the Amby. In the mid-1980s, the company made 24000 units. In the 1990s, the figure came down to less than 12000. In the new millennium, the figure came down to less than 6000. There are some 2600 workers in Uttarpara plant who make in these final days just five cars a day.

‘ RIP , Amby, your time is up ‘.  HM has been referred to the Board for Industrial and Financial Reconstruction ( BIFR ). They have to restructure the organisation and get a strategic partner. However, the chances of revival are slim. Promoters manufacture cars for Mitsubishi and Isuzu at a plant near Chennai. They do not plan to introduce fresh investments. They tried to revive the company by introducing Contessa but after its failure, further investments were discouraged.

Even the taxi market has been tapped by Maruti Suzuki Dzire and Tata Indigo CS. HM introduced BS IV emission norms two years late.

The workers have not been paid regular salaries.

The Uttarpara plant dares back to 1942, making it the second oldest in Asia after Japanese giant Toyota.

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