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HMT completes setup of watch assembly line, receives Industrial license

05 Dec 2020 Evaluate

HMT’s Auxiliary Business Division has now completed the setup of a Watch Assembly Line and has also received the Industrial license. Hence, it now proposes to take up design & development and assembly of new watch models and clocks under the HMT brand, by outsourcing components and in-house assembly.

To encash the brand equity of HMT Watches, Auxiliary Business Division of HMT took up activities for setting up of a Watch Assembly Line and applied for industrial license for manufacture/ assembly/ Sales & Services of Watches and Clocks.

HMT is engaged in the manufacturing of Food Processing Machineries etc. 

Peers
Company Name CMP
Bharat Heavy Elect. 423.00
Thermax 3462.85
Kirloskar Industries 3678.25
Skipper 568.00
INDO-MIM 1251.30
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