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HMT Employees News

06 Jan 2016

Time draws to end for three HMT companies, veterans bemoan closure

The government on Wednesday approved closure of three Hindustan Machine Tools (HMT) companies - HMT Watches, HMT Chinar Watches and HMT Bearings, ending the era of the once "Timekeeper of the Nation".

Hindustan Machine Tools

29 Dec 2015

Time ticking away for thousands of HMT workers; Pinjore unit to be to shut down

The proposal comes amidst crisis relating to workers payment issues and the changing industrial scenario which has made the company outdated.

23 Sep 2014

HMT submits voluntary retirement/separation scheme to govt

State-run watch and tractor maker HMT, which has been incurring losses since last 15 years, has submitted a voluntary retirement/voluntary separation scheme to downsize its manpower to the government.

11 Sep 2014

Good times over for HMT Watches, production comes to an end

The government has decided to wind up the watch company as it is reeling under losses since 2000.

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