Hindustan Machine Tools
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| Public Sector Undertaking | |
| Industry | Engineering |
| Founded | 1953 |
| Headquarters | Bangalore India |
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Key people
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Girish Kumar(Chairman and managing director) |
| Products | Machine tools, printing machines, tractors |
| Website | |
HMT Limited, formerly Hindustan Machine Tools Limited, was a state-owned manufacturing company under the Ministry of Heavy Industries and Public Enterprises in India. The company mainly manufactures industrial machines and tools with a work force of around 2,500 under its six manufacturing units situated at Bangalore (Mother unit), Kochi, Hyderabad (2 units), Pinjore and Ajmer To back up sales and service HMT Machine Tool marketing is spread across India serving Defence, Government, Private manufacturing Industries and Educational Institutions.
Hindustan Machine Tools was incorporated in 1953 by the Government of India as a machine tool manufacturing company. Over the years, HMT diversified into watches, tractors, printing machinery, metal forming presses, die casting and plastic processing machinery, and CNC systems and bearings. HMT is headquartered at Bengaluru (Bangalore).
Technology was absorbed in all product groups through collaborations with world-renowned manufacturers and further strengthened by continuous in-house R&D.
Today, HMT consists of six subsidiaries under the ambit of a holding company, which also manages the tractor business directly.
HMT Limited took over Praga Tools Limited as one of its subsidiaries 1988. Praga Tools Limited was established in May 1943 as Praga Tools Corporation Limited to manufacture machine tools with its headquarters at Secunderabad. It was renamed as Praga Tools Limited in 1963. It is mainly involved in manufacture of machine tools, including CNC machines.
In the year 1961, HMT set up a watch manufacturing Unit at Bangalore in collaboration with M/s Citizen Watch Co., Japan. The first batch of Hand Wound Wrist Watches manufactured here was released by the then Prime Minister of India, Jawaharlal Nehru. The most popular mechanical hand-wound watch is HMT Janata. There are also other mechanical watches like HMT Pilot, HMT Jhalak (Semi Skeletal), HMT Sona, HMT Braille.
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Wikipedia