HMT -MACHINE TOOLS LIMITED

A.PROFILE

By the end of the second world war ,the government of

India was confronted by a big problem of disposing the colossal war
waste. Ultimately ,a committee was constituted to inquire into the
possibilities . The committee report of 1948 proposed the
establishment of a Government owned Machine Tool Industry . This
was expected to fulfill two aspects . The first was being utilization of
the Rs.4000 million worth of metallic waste .The second was birth of
the “HINDUSTAN MACHINE TOOLS LIMITED BANGLORE” .Which
diversified in due course of time to the present sature of the multi core
, multi location , multi unit , multi product industrial giant HMT Ltd(A
Government of India Undertaking company) .
The HMT Ltd was started as a single factory to produce
Tool Room Lathes at Banglore in collaborating with M/S Oerlikan of
Switwzerland in !953,with a capacity to manufacture around 400
machine per year .Since the different collaboration ,continued in house
R&D and tremendous marketing efforts brought HMT ,to its present
status.
The growth of HMT Ltd was characterized y the forward
and backward integration of technology and product diversification
.Thus the company which started with manufacturing and selling
lathes expanded its machine tools product range to evolve as the
ultimate solution in metal cutting .The product diversification efforts
took the company to business of watches 1962 ,tractors in 1971 ,die
casting on plastic machinery in 1971 ,Printing Machinery in 1972
,Press in 1972 ,Lamp and Lamp making machinery ,Food Processing
Machinery in 1980 ,CNC System in1986 and Reconditioning in 1990 .
The multi product activities change its identity from
“Hindustan Machine Tools Ltd”.