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|HMT, Hindustan Machine Tools Ltd, Bangalore|
1953: Founded as machinery company, among others for production of tractors, printing machines, metal forming presses, die casting and plastic processing machinery, CNC systems.
1961: Set up a watch factory in collaboration with Citizen Watch Co., Japan.
1975: Expanding manufacturing to mainsprings, hairsprings, and shock devices.
1978: Raising a factory for components in Tumkur.
1985: Raising a further factory for components in Ranibagh; in Tumkur partial conversion to quartz-watch manufacturing in collaboration with Citizen Watch Co.
2014: Decision to close down watch production step by step.
Comments about the data
The cases of HMT watches are generally of good quality, but they are designed for the taste of the domestic customers. The movements are obviously inspired by Citizen, but have technical features not met in the Citizen equivalentds.
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