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ACKNOWLEDGEMENTIn real sense, a project is a combined effort of student skill and knowledge under the precious guidance of their experience and kind guidance of their training staff .Thus any project cannot be accomplished to one s satisfaction without proper guidance and the total cooperation of all those involved in the project .So I am very thankful to the kind persons who have helped me immensely during our whole training period.
I express my deep gratitude and sincere thanks to Mr.J.C.Sinha (finance) for their valuable guidance interest and consistent encouragement to me in the preparation of this project report.
I also want to extend my greatest thanks to all those who are associated and contributed in this project.
HMT PROFILEHMT is incorporated in India in 1953 by the government of India as a machine tool manufacturing company. Over the years it diversified into watches, tractors, printing machinery, metal forming presses, die casting and plastic processing machinery, CNC systems and bearings. Today if we talk about HMT, it comprises of subsidiaries under the ambit of holding company, which also manages the tractors business directly. Earlier HMT was dealing only in watches but now in deals in many other products. The product range varies accordingly1. HMT machine tools 2. HMT watches limited 3. HMT Chinar watches limited 4. HMT international limited 5. HMT bearing tools limited 6. Praga tools limited It was in the early post independent era that HMT began in a small way to meet a big commitment. To manufacture mother machines to build modern industrial India
HMT was conceived by the government of India in 1949, and was incorporated in 1953 with the objective of producing a wide range of machine tools, required for building an industrial edifice for the country. THE 1960 sThe success achieved in the initial years in absorbing the technology and in attaining competencies far ahead. The company launched the bold plans of diversification and expansion which resulted in duplication of Bangalore unit and setting up of new units in PINJORE, KALAMASERY, and HYDERABAD. In 1967, recession struck the Indian Engineering industry and the consumption of machine tools dipped drastically. The traumatic years of recession did indeed serve to bring to the fore two latent strengths of HMT, namely the urge to survive and the confidence to innovate. With these strengths the company emerged from recession. With the widest range of machine tools and associated services under a single corporate entity. THE 1970 sHMT international limited as a subsidiary company to channel HMT s product and technical services abroad. And with this
HMT machine Tool Corporation at Ajmer as its sixth manufacturing unit. THE 1980 sIn 1980 s HMT as a part of vertical integration effort launched units to manufacture. y CNC systems in Bangalore y Ball screws.
THE 1990 sy Formation of Machine Tool Business Group as a part of business reorganization. y Formation of Reconditioning Division in Bangalore.
HMT Machine Tool MilestonesYEAR 1953 1961 1963 1965 1967 1969 1971 1972 1973 1975 1975 1985 1986 1991 UNIT/DIVISION Machine tools-I Machine tools -II Machine tools -III Machine tools IV Machine tools V Press division Die Casting Division Printing Machinery Division Precision Machinery Division Machine Tools-V HMT(International)ltd Ball Screw Division CNC System Division Central Reconditioning Division Formation of the subsidiary HMT Machine Tools Limited LOCATION Bangalore Bangalore Pinjore Kalamassery Hyderabad STATE Karnataka Karnataka Haryana Kerala Andhra Pradesh Karnataka Andhra Pradesh Bangalore Karnataka Kalamassery Kerala Bangalore Ajmer Bangalore Bangalore Bangalore Bangalore Karnataka Rajasthan Karnataka Karnataka Karnataka Karnataka
1999
Bangalore
Karnataka
2006 2008
Bangalore Hyderabad
Corporate Objectives and Goals To encourage the modernization of Indian Industry through the supply of engineering goods and services of world class excellence. To maintain technological leadership through continuous efforts to update product technology and manufacturing methods. To globalize our operations by developing a mix of international markets and businesses. To ensure a satisfactory return on capital employed, to meet the growth needs and aspirations of our stakeholders. To present an active, pleasant and productive working environment. Corporate Mission To establish ourselves as one of the world s premier companies in the engineering field having strong international competitiveness.
To achieve market leadership in India through ensuring customer satisfaction by supplying internationally competitive products and services. To achieve sustained growth in the earnings of the group on behalf of the shareholders.
Corporate strengths-
HMT
HMTs Products-
Tractors
Bearings
HMT Product
Quality policy To maintain quality leadership in all our products & services Total Customer Satisfaction through Quality Goods and Services Commitment of management to Quality To create a culture amongst all employees towards total quality concepts Total quality through Performance Leadership.
Organization hierarchy-
Machine Tools
Product Range TURNING MACHINES GEAR MANUFACTURING MACHINES OTHER GPMs DIECASTING MACHINES CNC SYSTEMS GRINDING MACHINES MACHINING CENTRES SPECIAL APPLICATION MACHINES PRESSES PRECISION BALLSCREWS
WATCHES
The Mechanical Range
Hand wound Gents & Ladies - Desh Ki Dhadkan Automatic Day-date- The Watch that lasts & lasts
Chandan Braille
TractorsMODEL 2522 3022 3522 4511 5911 7511 2522 OS 3522 CS 3522 DX 4511 CS 4922 EDI HP RANGE 25 30 35 45 58 75 25 35 35 45 49 MAIN FEATURE AVL fuel efficient engine & New Style Bonnet Fuel efficient engine (HMT Design); New Style Bonnet AVL adapted fuel efficient engine & New Style Bonnet HMT Design Heavy Duty Tractor (Czech Design) HMT Design; Power steering & ROPS Low height and width for orchard applications Wetland cultivation Direct Axle Drive Wetland cultivation AVL adapted fuel efficient engine & New Style Bonnet
o o o o
Five Color Sheet fed Offset Printing Machines Four Color Sheet fed Offset Printing Machines Two Color Sheet fed Offset Printing Machines Single Color Sheet fed Offset Printing Machines Web Offset Printing Machines Programmable Guillotines Punching & Stitching Machines Numbering Attachment
BEARINGS
o o o
HMT Machine tools ltd.HMT Limited, the pioneer in Machine Tools Industry in India and manufacturers of a diversified range of products has incorporated HMT MACHINE TOOLS LIMITED as its fully owned subsidiary on 9th August 1999. HMT MACHINE TOOLS LIMITED (HMT-MTL) is a Multi unit, Multi location, Multi technology Company manufacturing a wide variety of STATEOF-THE-ART Machine Tools. HMT-MTL has its manufacturing units at Five locations with each unit specialized in a particular family of Machines. As the leading producer in machine tools limited HMT-MTL Provides-
y The best of products in terms of technology, productivity and cost effectiveness. y Comprehensive customer support services.
Marketing division
Manufacturing units
Machine Tools PINJORE Machine tools KALAMASSERY Printing Machinery KALAMASSERY Machine Tools HYDERABAD Press Division HYRERABAD Machine Tools AJMER Machine Tools BANGALORE Precision Machinery
Hmt watches limitedHMT Limited, the first company to start watch manufacturing in India has incorporated "HMT WATCHES LIMITED" as its fully owned subsidiary on 9th August 1999. It manufactures Mechanical and Quartz Analog
watches. The manufacture of wristwatches started as part of diversification strategy of HMT in the year 1962, under Technical collaboration with CITIZEN Watch Company of Japan with a manufacturing unit at Bangalore. HMT WATCHES LIMITED comprises of three manufacturing units at Bangalore, Tumkur and Ranibagh while its marketing headquarters is based in Bangalore.
Marketing division
Manufacturing units
Watch Factory BANGALORE Watch Factory RANIBAGH Watch Factory TUMKUR Watch Case Factory BANGALORE Timing System Division BANGALORE
Hmt chinar watches limitedHMT Limited, the first company to start watch manufacturing in India has incorporated "HMT CHINAR WATCHES LIMITED" as its fully owned subsidiary on 4th September 2000 with Jammu as its head quarters. The manufacture of wristwatches as part of its diversification strategy started in the year 1962 under Technical collaboration with CITIZEN Watch Company of Japan with a manufacturing unit at Bangalore. HMT manufactures mechanical and quartz range watches. The product range of HMT CHINAR WATCHES LIMITED consists of the Mechanical Gents hand wound watch. Marketing, Sales and After Sales Service for watches of HMTCWL is catered to by HMTWL.
Manufacturing Units