Hyderabad Allwyn Limited, established in 1942, was a Hyderabad State government engineering and white goods manufacturing company involved in manufacture of automobiles, trucks, scooters, bus coach building, refrigerators and wrist watches. Allwyn Refrigerators and Allwyn Watches were once a leading brand in India during the 1970s and 1980s. The company was closed in 1995 after heavy losses, primarily due to mismanagement.