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Home arrow Automotive arrow Government looks for private partner in Hindustan Cable
Government looks for private partner in Hindustan Cable Print E-mail
Written by Viswanath   
Thursday, 17 January 2008
HMT Chinar may be handed over to the Jammu and Kashmir government

New Delhi: In an effort to to revive the public sector undertakings, the Board for Reconstruction of Public Sector Enterprises is considering the option of a tie up with a private partner in Hindustan Cable. It is also thinking in terms of handing over HMT Chinar to the Jammu and Kashmir government.

Hindustan Cable and HMT Chinar are subsidiaries of HMT Ltd. Hindustan Cable has four manufacturing units in Rupnarainpur in West Bengal, Hyderabad, and Naini-Allahabad in Uttar Pradesh.These units have the capacity to manufacture 12 million conductor kilometres of jelly-filled cables, 40,000 fibre kilometres per annum of fibre optic cables and 2.5 million sets of telephone cords and computer cords.

HMT was established in 1953 as a government of India undertaking with the objective of manufacturing machine tools. However, the company diversified into other products over the years.

HMT Ltd is a leading Indian manufacturer of a diversified range of products including  machine tools, tractors, watches, bearings, printing machinery, metal forming presses, die casting & plastic processing machinery and CNC systems. HMT's products are well known in the industry for their reliability.

 
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