references to primary sources . please improve this by adding secondary or tertiary sources . july 2007 learn how and when to remove this template message hmt limited type public sector undertaking industry engineering founded 1953 headquarters bangalore india key people girish kumar chairman and managing director products machine tools printing machines tractors bearings watches . website hmt limited hmt watches hmt kanchan automatic wrist watch hmt limited formerly hindustan machine tools limited is a state owned manufacturing company under the ministry of heavy industries and public enterprises in india . 1 the company mainly manufactures industrial machines and tools with a work force of 2 806 under its six manufacturing units situated at bangalore mother unit kalamassery hyderabad 2 units pinjore and ajmeer 2 to back up sales and service hmt machine tool marketing is spread across india serving defence government private manufacturing industries and educational and institutions . 3 contents 1 history 1.1 watch division 2 operating units 3 references 4 external links history edit hindustan machine tools was incorporated in 1953 by the government of india as a machine tool manufacturing company . over the years diversified into watches tractors printing machinery metal forming presses die casting & plastic processing machinery cnc systems & bearings . hmt is headquartered at bengaluru bangalore . successful technology absorption in all product groups through collaborations with world renowned manufacturers and further strengthened by continuous in house r & d. today hmt comprises six subsidiaries under the ambit of a holding company which also manages the tractors business directly . hmt limited took over praga tools limited as one of its subsidiaries 1988 . 4 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 . watch division edit 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 at this factory 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 . hmt janata . hmt braille watch for visually impaired hmt jhalak the semi skeletal beauty from hmt hmt watches manufactured this skeleton watch based on 8n24 movement . in 1972 hmt expanded its watch manufacturing capacity with a set up alongside the bangalore factory to manufacture additional watches . in 1975 watch factory at bangalore was further expanded to manufacture main spring hair spring and shock absorber components . 5 hmt set up additional manufacturing facilities to produce watch components sets at tumkur and ranibagh in the year 1978 and 1985 respectively . watch factory at tumkur was partially converted to manufacture quartz analog watches in collaboration with m s citizen watch co japan . to cater to the niche market a specialized watch case manufacturing facility was set up at bangalore in 1983 . 5 a photograph of quartz wrist watch by hmt . since 1985 hmt watches has been involved in making floral clocks solar clocks international clocks and tower clocks most popular among them being the garden clock in bangalore . in the year 2000 hmt watch business group was re structured as hmt watches limited a wholly owned subsidiary of hmt limited . 5 in september 2014 the government of india decided to shut down hmt operations in a phased manner . as of september 2016 hmt watches ltd. and hmt chinar watches ltd. have been shut down . operating units edit hmt 1811 tractor hmt limited has 18 manufacturing units.the constituent subsidiaries are given below while the holding company retains the tractors business group . hmt s tractor business commenced its operations in 1971 in technical collaboration with m s motokov czechoslovakia . hmt started the operation with the manufacture of 25 hp tractor at the manufacturing plant in pinjore haryana state . over the years it has developed tractors ranging from 25 hp to 75 hp . references edit links to the websites of central public sector enterprises under department of heavy industry . department of heavy industry . retrieved 2012 05 03 . http www.pragatools.org machines.html hmt ltd gets 136 crore government loan to revive its operations . ians . news.biharprabha.com . retrieved 28 february 2014 . taskforce on hmt praga tools merger . the hindu business line . 2005 11 23 . retrieved 2011 01 03 . a b c http www.hmtwatches.in 9 about us history.html external links edit corporate website watches division website tractor division website v t e central public sector companies of india air india balmer lawrie bharat electronics bharat heavy electricals limited bharat petroleum bharat sanchar nigam bhavini cement corporation of india coal india limited dredging corporation of india limited electronics corporation of india limited food corporation of india gail hindustan aeronautics limited hmt limited india trade promotion organisation indian oil corporation indian rare earths limited life insurance corporation of india mazagon dock limited mecon limited mahanagar telephone nigam limited ntpc limited nuclear power corporation of india oil and natural gas corporation power grid corporation of india praga tools limited rashtriya ispat nigam rural electrification corporation limited state bank of india steel authority of india uranium corporation of india v t e public sector undertakings in india list maharatna bharat heavy electricals coal india gas authority of india indian oil corporation national thermal power corporation oil and natural gas corporation steel authority of india navratna bharat electronics bharat petroleum corporation container corporation of india engineers india hindustan aeronautics hindustan petroleum corporation mahanagar telephone nigam national aluminium company national buildings construction corporation national mineral development corporation neyveli lignite corporation oil india power finance corporation power grid corporation of india rashtriya ispat nigam rural electrification corporation shipping corporation of india miniratna i airports authority of india antrix corporation balmer lawrie bharat coking coal bharat dynamics bharat earth movers bharat sanchar nigam bridge & roof company india central warehousing corporation central coalfields chennai petroleum corporation cochin shipyard dredging corporation of india kamarajar port garden reach shipbuilders and engineers goa shipyard hindustan copper hindustan newsprint hindustan paper corporation hll lifecare housing and urban development corporation indian railway catering and tourism corporation indian rare earths indian renewable energy development agency ircon international india tourism development corporation india trade promotion organisation kudremukh iron ore company mazagaon dock mahanadi coalfields mangalore refinery and petrochemical mishra dhatu nigam metals and minerals trading corporation of india moil mstc national fertilizers national seeds corporation nathpa jhakri dam national hydroelectric power corporation north eastern electric power corporation northern coalfields numaligarh refinery oil and natural gas corporation pawan hans projects and development india rail vikas nigam railtel corporation of india rashtriya chemicals & fertilizers rites security printing and minting corporation of india south eastern coalfields state trading corporation of india telecommunications consultants india thdc india water and power consultancy services western coalfields miniratna ii bharat pumps & compressors broadcast engineering consultants india central mine planning and design institute central railside warehouse company educational consultants india engineering projects india ltd. fci aravali gypsum and minerals india ferro scrap nigam hmt international hscc india indian medicines and pharmaceuticals corporation mecon mineral exploration corporation national film development corporation of india national small industries corporation pec rajasthan electronics and instruments information updated as of 26 october 2014 by ministry of heavy industries and public enterprises india see also public sector banks in india retrieved from https en.wikipedia.org w index.php title hmt company & oldid 737684273 categories government owned companies of indiapublic sector in indiawatchmaking conglomerateseconomy of karnatakatractor manufacturers of indiaindustries in hyderabad indiamachine tool builderscompanies established in 19531953 establishments in indiawatch movement manufacturerswatch manufacturing companiesindian brandshidden 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