Hindustan Machine Tools (HMT) limited was established in 1953. They possess a world-class technology which they use in manufacturing machines that are needed for India’s development.
The idea of Hindustan Machine Tools (HMT) limited was conceived by Pandit Jawaharlal Nehru, the first prime minister of India. His dream to develop a new India resulted in the establishment of a lot of government organizations which were operating in different sectors of India’s industry.
The idea resulted in a quick industrialization of India. Hindustan Machine Tools limited was, however, established in 1953 as part of the implementation of the idea. The strategic importance of the HMT was inherent in their responsibility to be a backbone for other industries. They were to manufacture machines and tools that other industries would need to manufacture their products. Their aim was to build machines that are required to create the new India that would be industrialized.
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