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M/s United Leasing and Industries Limited was incorporated in 1983. It was first leasing company of India and pioneered the concept of motor car leasing and financing.

United Leasing & Industries Ltd later on, diversified into manufacturing activities in 1995 and also entered into joint venture with Saurer Embroidery Systems of Switzerland in 1998.

Currently United Leasing & Industries Ltd is having a manufacturing unit of embroidered fabrics in Gurgaon and has significant holding of real estate land parcel in the district of Gurgaon in Haryana India.