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Question
Describe the role of the Hindustan Machine Tools in the growth of machine tools industry.
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Solution
- Hindustan Machine Tools Ltd. (HMT), a government-owned company, was to fulfil two aspects; one is to make use of Rs. 40,000 million was established in the year 1953 in Bangalore with the collaboration
of Switzerland.
- Role played by HMT
is unlimited in industrial development of India. Modernization of Indian industry
was done by HMT tools. It helped in updating product technology and
manufacturing methods. It helped in providing pleasant and active working
environment.
- Hindustan Machine Tools Ltd. (HMT), a government-owned company, was to fulfil two aspects; one is to make use of Rs. 40,000 million was established in the year 1953 in Bangalore with the collaboration
of Switzerland.
- Role played by HMT is unlimited in industrial development of India. Modernization of Indian industry was done by HMT tools. It helped in updating product technology and manufacturing methods. It helped in providing pleasant and active working environment.
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