Hindustan Motors

Hindustan Motors Limited is an Indian automobile company that possesses a giant infrastructure capable of manufacturing different kinds of motor vehicles and their components. The company's primary long-term strategy is to revive operations by finding strategic partners to introduce new products and invest capital into the business. A major operational challenge is the ongoing suspension of work at its main Uttarpara Plant, which has been in effect since May 2014. To generate revenue, the company has started to sell its old and obsolete assets, including equipment, and is considering alternative uses for its fixed assets. Currently, the company is free from financial debt, with its main liabilities relating to employee accounts, trade payables, and other obligations. This strategy helped its net worth turn positive to ₹9.04 crores in March 2024 from a negative net worth of ₹16.32 crores last year.;