Revival of Hindustan Machine Tools: A Step Towards Atmanirbhar Bharat

Union Minister H D Kumaraswamy directs officials to revive Hindustan Machine Tools (HMT). Meeting with top HMT officials addressed financial, production, and operational issues. Aligning with Atmanirbhar Bharat, the minister assured central government support for revitalizing HMT, stressing the need to enhance capacity and resolve ongoing problems.

Union Minister of Heavy Industries and Steel H D Kumaraswamy on Saturday directed officials to take steps towards the revival of Hindustan Machine Tools (HMT).

At a crucial meeting with top officials, including the company's Chairman and Managing Director Rajesh Kohli, Kumaraswamy reviewed the financial and operational performance of the once-prestigious firm.

The minister mentioned that revitalizing HMT aligns with Prime Minister Narendra Modi's Atmanirbhar Bharat vision, urging officials to adopt this approach and promising central government support. HMT, which provides tools for defense and space programs, faces severe financial and operational challenges that necessitate immediate intervention.

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