Kumaraswamy holds meeting to revive ailing HMT

Heavy Industries Minister H D Kumaraswamy has directed top officials of Hindustan Machine Tools (HMT) to prepare proposals aimed at revitalizing the struggling public sector enterprise. The once-prestigious HMT is currently grappling with significant challenges, including financial difficulties, legal issues, and operational losses. Kumaraswamy emphasized the importance of strengthening HMT and instructed its Chairman and Managing Director, Rajesh Kohli, to submit a detailed revival plan to the central government.