summer training file 
Birth History of HMT Limited
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 such as Fritz Werner, Herman Kolb, Errantly Somua, Gildermeister etc 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. Praga Tools Limited was established in May, 1943 as Praga Tools Corporation Limited to manufacture machine tools with its head quarters at Secundrabad. It was renamed as Praga Tools Limited in 1963. It is mainly involved in manufacture of machine tools including CNC machines.
Operating units
First unit of Single machine tool factory started in 1953 as HINDUSTAN MACHINE TOOLS in Banglore to produce lathes in collaboration with M/s Oerlikon of Switzerland.
Second machine tool unit was set up in Bangalore in 1961 making use of the company’s own resources.The company diversified itself when in collaboration with Citizen Watch Company of Japan,the first watch factory was set up in Bangalore in 1962 to produce hand watches.
The third machine tool factory was set up in 1963 at Pinjore, Haryana to produce milling machines.
In next few years, Machine tool units was set up at Kalamessary in Kerela and in Hyderabad. The Printing Machinery Division was attached to the machine tool unit as at Kalamessery to quality printing machines.
HMT’s tractor business commenced its operation in Pinjore in 1971 in technical collaboration with M/s MOTOKOV, Czechoslovakia because of the priority
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 such as Fritz Werner, Herman Kolb, Errantly Somua, Gildermeister etc 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. Praga Tools Limited was established in May, 1943 as Praga Tools Corporation Limited to manufacture machine tools with its head quarters at Secundrabad. It was renamed as Praga Tools Limited in 1963. It is mainly involved in manufacture of machine tools including CNC machines.
Operating units
First unit of Single machine tool factory started in 1953 as HINDUSTAN MACHINE TOOLS in Banglore to produce lathes in collaboration with M/s Oerlikon of Switzerland.
Second machine tool unit was set up in Bangalore in 1961 making use of the company’s own resources.The company diversified itself when in collaboration with Citizen Watch Company of Japan,the first watch factory was set up in Bangalore in 1962 to produce hand watches.
The third machine tool factory was set up in 1963 at Pinjore, Haryana to produce milling machines.
In next few years, Machine tool units was set up at Kalamessary in Kerela and in Hyderabad. The Printing Machinery Division was attached to the machine tool unit as at Kalamessery to quality printing machines.
HMT’s tractor business commenced its operation in Pinjore in 1971 in technical collaboration with M/s MOTOKOV, Czechoslovakia because of the priority