(While HMT Watches was liquidated in 2016, it is currently run as part of the Auxiliary Business Division and assembles ...

It would not only cover HMT’s own exports, but would also market products of other companies. The plan is to increase HMT’s exports threefold to ₹12 crore a year in the next three years.

The Karnataka Cabinet on Thursday decided to withdraw an interim application (IA) filed before the Supreme Court to denotify 443 acres given to Hindustan Machine Tools (HMT) in Bengaluru.