SML Isuzu Limited (SMLI) is a commercial vehicle manufacturer established in 1983.

The company manufactures light commercial vehicles like trucks, buses, school buses, ambulances, police personnel carriers, water tankers and special vehicles.

It exports its products to countries like Nepal, Zambia, Bangladesh, Kenya, Tanzania, Ghana, Ivory Coast, Rwanda, Seychelles, Syria, Jordan.

Swaraj Mazda Limited, at Chandigarh, India based automobile company, was owned by the Sumitomo Corporation of Japan and Punjab Tractors Limited of India, with a technical collaboration with Isuzu and Mazda of Japan.

SVL renamed Swaraj Mazda Ltd. Project set up with a capacity of 5000 light commercial vehicles (LCVs) at capital outlay of Rs.

105 million was subscribed by: Trial production and test marketing of Swaraj Mazda truck WT-48, WT-49, WT-50 LCV commence.

In-house developed Second Truck Model (Swaraj Mazda Super) launched.

Punjab Tractors offloads 15% of equity stake in favor of Sumitomo Corporation, Japan in June.

Permission from Government for new manufacturing facilities at existing site obtained in January.

Dividend rate lowered to 55% due profit and declined the Technical Assistance Agreement with Isuzu Motors signed in June.

Construction of Buildings for vehicle expansion and new Bus Body Plant taken up in August.

In June 2006, Swaraj Mazda entered a new technical agreement with Isuzu Motors, Japan.

Sumitomo upped its stake in the company in 2009 by purchasing all of Punjab Tractors' remaining shares, raising their stake to 53.5%[2] In 2009, Swaraj Mazda started to roll out Luxury buses and medium-duty trucks powered by Isuzu Engines from a new plant in Punjab.

For an interim period, these vehicles were marketed under the Swaraj Mazda Isuzu brand.

[3] In addition, Swaraj Mazda is moving to offer the Isuzu D-Max pickup.

(But Buses is not success) ISUZU FR1318 Luxury Bus, Wheelbase – 5400 mm Launched.