 Launch of Ultra Luxury Buses in July.Sumitomo upped its stake in the company in 2009 by purchasing all of Punjab Tractors' remaining shares, raising their stake to 53.5%

In 2009, Swaraj Mazda started to roll out Luxury buses and medium-duty trucks powered by Isuzu Engines from a new plant in Punjab.Plans are to build multi-axle trucks, tractor units and refrigerated trucks within the next three years.