page_title: HMT (company)
section_title: Operating units
hierarchical_section_title: HMT (company) / Operating units
caption_attribution_description: English: Old HMT 1811 tractor in Pondicherry
context_page_description: HMT Limited, formerly Hindustan Machine Tools Limited, is a state-owned holding company under the Ministry of Heavy Industries and Public Enterprises in India. The company's wholly owned subsidiaries include HMT Machine Tools Limited and HMT International Limited. HMT also holds a majority stake in Praga Tools Limited.
  In its heyday, HMT Watches was the largest supplier of wrist watches in India. It was closed in 2016, largely due to mismanagement of the company, leading to heavy losses. In the same year, the Government of India also shut down HMT Chinar Watches Ltd., HMT Bearings, and HMT Tractors.
  HMT Machine Tools Limited still manufactures industrial machines and tools with a work force of around 2,500 in six manufacturing units situated at Bangalore, Kochi, Hyderabad, Pinjore and Ajmer. These mostly serve India's defence, government and educational Institutions.
context_section_description: HMT Limited had 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.
  Machine tools divisions of HMT is still continuing its operations and introducing state of the art technologies in Indian industrial market. The Kalamassery unit has entered manufacturing equipments for Indian Naval defence sector by manufacturing Directing Gear systems.
caption: HMT 1811 tractor
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