“Long years ago we made a tryst with destiny, and now the time comes when we shall redeem our pledge ……” declared our beloved Prime Minister Pandit Jawaharlal Nehruji at the stroke of midnight of August 14, 1947 as India attained independence. This led to a phase of vigorous initiatives in agriculture, industry, infrastructure and other such core sectors to make independent India self-reliant.
HMT was entrusted the vital task of building machine tools and in 1953. The first Machine tool factory was set up in Bangalore.
Panditji’s vision to bring-in a sense of time consciousness among the Indians, his belief that India was capable of manufacturing precision components generated the pace for setting up a watch manufacturing unit within the country. In 1961, Government of India entrusted the job to HMT due to its capability, name and fame amongst the public sectors.