Hindustan Machine Tools (HMT) ist ein indischer Mischkonzern mit etwa 10.000 festangestellten Arbeitnehmern. Die Firma wurde 1953  durch die indische Regierung als Werkzeugmaschinenfabrik gegründet,  Hauptsitz ist Bengaluru. Im Laufe der Jahre wurden verschiedene Produktionssparten errichtet und unter dem Dach einer Holdinggesellschaft in Form einer Ltd. werden derzeit Uhren, Traktoren, Druckmaschinen, Präzisionsmaschinen und Werkzeuge hergestellt.
Die Uhrenproduktion wurde in den 1960er Jahren mit japanischer Hilfe aufgebaut. HMT-Uhren werden nicht in alle Länder exportiert.
Fertigungspalette auf dem Uhrensektor:
mechanische Armbanduhrwerke (Handaufzug und Automatik)
(Wikipedia)

History
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 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.^[4] Praga Tools Limited was established in May, 1943 as Praga Tools  Corporation Limited to manufacture machine tools with its headquarters  at Secunderabad. It was renamed as Praga Tools Limited in 1963. It is mainly involved in manufacture of machine tools including CNC machines.
Watch division
In the year 1961, HMT set up a watch manufacturing Unit at Bangalore in  collaboration with M/s Citizen Watch Co., Japan. The first batch of Hand Wound Wrist Watches manufactured at this factory was released by the  then Prime Minister of India, Jawaharlal Nehru. The most popular mechanical hand wound watch is HMT Janata. There are  also other mechanical watches like HMT Pilot, HMT Jhalak (Semi  Skeletal), HMT Sona, HMT Braille.
 In 1972, HMT expanded its watch manufacturing capacity with a set up  alongside the Bangalore Factory to manufacture additional watches. In  1975, Watch factory at Bangalore was further expanded to manufacture  Main Spring, Hair spring and Shock absorber components.[5]
HMT set up additional manufacturing facilities to produce watch  components sets at Tumkur and Ranibagh in the year 1978 and 1985  respectively. Watch factory at Tumkur was partially converted to  manufacture Quartz Analog Watches in collaboration with M/S Citizen  Watch Co, Japan. To cater to the Niche market, a specialized watch case  manufacturing facility was set up at Bangalore in 1983.[5]
 Since 1985, HMT Watches has been involved in making Floral Clocks,  Solar Clocks, International Clocks and Tower Clocks, most popular among  them being the Garden clock in Bangalore. In the year 2000, HMT Watch  Business group was re-structured as HMT Watches Limited, a wholly owned  subsidiary of HMT Limited.[5] In September 2014, the Government Of India decided to shut down HMT operations in a phased manner.
As of September 2016, HMT Watches Ltd. and HMT Chinar Watches Ltd. have been shut down. (Wikipedia)