The full form of HMT is Hindustan Machine Tools Limited. HMT Limited, formerly known as Hindustan Machine Tools, is an Indian state-owned company under the Ministry of Heavy Industries. Incorporated in Bengaluru on February 7, 1953, HMT initially focused on manufacturing machine tools but later diversified into various sectors including watches, tractors, and more.
History and Diversification of HMT
- Inception: Established in 1953 by the Government of India as a machine tool manufacturer.
- Diversification: Over time, HMT expanded its operations to include watches, tractors, printing machinery, metal forming presses, die casting and plastic processing machinery, CNC systems, and bearings.
While HMT is most commonly known for its connection to Hindustan Machine Tools, it's important to note that the acronym "HMT" might have other meanings in different contexts (as shown by some of the references mentioning other companies using the same abbreviation). However, based on the provided references and general knowledge, Hindustan Machine Tools Limited remains the most prominent and widely accepted full form.