- CEO
- N. Ramesh Kumar
- Full Time Employees
- 552
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- HMT Bhavan Bangalore KA India 560032
- IPO Date
- Mar 6, 1995
- Business
- HMT Limited engages in the manufacture and sale of machine tools, food processing machinery, watches, and related engineering products in India and select international markets. Incorporated in 1953 and headquartered in Bengaluru, India, the company operates as a holding entity under the Ministry of Heavy Industries, Government of India, with subsidiaries HMT Machine Tools Limited and HMT (International) Limited; it maintains manufacturing units in Bengaluru, Pinjore, Kalamassery, Hyderabad, Ajmer, and Aurangabad. HMT Machine Tools produces general-purpose and multipurpose CNC machine tools, along with special-purpose machines for defense, railways, nuclear, space, aerospace, naval, and automotive sectors, including import substitutes; HMT Food Processing Machinery Division offers dairy equipment such as pasteurizers, homogenizers, cream separators, continuous butter making machines, centrifugal pumps, plate heat exchangers, oil purification systems, milk/oil separators, and chillers, plus turnkey dairy plants; HMT Watches and Auxiliary Business Division assembles and sells wristwatches, display clocks, and tractor spares; HMT (International) handles exports, turnkey engineering projects, vocational training centers, skill development centers, and entrepreneurial training setups. In recent developments, HMT Auxiliary Business Division launched three new watch series on the company's 69th Foundation Day in February 2022; the government formed a Technical Committee in 2024 to recommend revival strategies for HMT Machine Tools Limited; and the company released its HMT Vigilance Manual in 2023 while reporting financial results through December 2024.