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Project Mba

The indian machine tools industry is recognized as a provider of low-cost high quality lean manufacturing solutions. Today, HMT comprises six subsidiaries under the ambit of a holding company, which also manages the tractors business directly. HMT s tractor business commenced its operations in 1971 in technical collaboration with M / s MOTOKOV, Czechoslovakia.

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47 views3 pages

Project Mba

The indian machine tools industry is recognized as a provider of low-cost high quality lean manufacturing solutions. Today, HMT comprises six subsidiaries under the ambit of a holding company, which also manages the tractors business directly. HMT s tractor business commenced its operations in 1971 in technical collaboration with M / s MOTOKOV, Czechoslovakia.

Uploaded by

Avinash Reddy
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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INDUSTRIAL PROFILE

An industry, which has undergone a radical shift in its paradigm thinking, the indian machine tools industry is recognized as a provider of low-cost high quality lean manufacturing solutions. The industry

COMPANY PROFILE Background of the company:


Hindustan Machine Tools was incorporated on 7th february 1953 by the Government of India as a machine tool manufacturing company in technical and financial collaboration with DERLIK N MACHINE TOOLS WORKS of switzerland. Then the government of india brought the shares held by deleon thereby transforming HMT as a government undertaking. Our success and reputation of excellence is a direct result of our superior project management system. This ensures perfect synchronization. Of manpower, equipment, construction schedules, materials sourcing and availability. The result is optimal utilization of men, machine, finance and resources to deliver quality constructions on time and defined costs.

Corportae vision:

Corporate mission:
j To establish ourselves as one of the world s premier companies in the engineering field having strong international competitiveness j To achieve market leadership in India through ensuring customer satisfaction by supplying internationally competitive products and services j To achieve sustained growth in the earnings of the group on behalf of shareholders

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 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.

HMT Limited took over Praga Tools Limited as one of its subsidiaries 1988.[1] Praga Tools Limited was established in May, 1943 as Praga Tools Corporation Limited to manufacture machine tools with its head quarters at Secunderabad. It was renamed as Praga Tools Limited in 1963. It is mainly involved in manufacture of machine tools including CNC machines.

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