HMT expands global footprint with export despatch to South Africa (See 'Corp Brief') Govt highlights achievements in empowering Micro Food Processing Enterprises, women entrepreneurs & rural livelihoods (See 'Corp Brief') SAIL signs MoU with MDI, Gurgaon for Executive Education Program (See 'Corp Brief') Govt hosts Bharat Innovates Investor Showcase; 24 deep-tech start-ups participate (See 'Corp Brief') SARFAESI - Pre-deposit u/s 18 of SARFAESI Act cannot be completely waived for entertaining appeal before DRAT: HC (See 'Legal Desk') SEBI, NISM & IICA sign MoU to advance corporate covernance, ESG (See 'Corp Brief') BRICS Youth Council Entrepreneurship Working Group concludes discussions on innovation & sustainable enterprise (See 'Corp Brief') Misc - Embargo under RBI Master Circular dated July 1, 2015 cannot be mechanically continued for five years after removal of borrower's name from list of wilful defaulters if account was settled by compromise: HC (See 'Legal Desk') Women participation under APY reaches record 55.14% during FY 2025-26 (See 'Corp Brief') National Review Meeting for Swachh Bharat Mission-Urban 2.0 to be held in New Delhi (See 'Corp Brief') Gadkari reviews progress and Quality of NH Projects in Assam (See 'Corp Brief') CCI approves acquisition of equity in Neysa Networks by BCP Asia II Topco V Pte. (See 'Corp Brief') IPR - If patent claim is only to device embodied in chip, royalty or damages cannot be assessed on basis of entire end product: HC (See 'Legal Desk') CCI okays acquisition of stake of Restaurant Brands Asia by Lenexis Foodworks (See 'Corp Brief') CCI nod for acquisition of Baharampore-Farakka Highways Toll Roads by Cube Highways Trust (See 'Corp Brief') India, South Korea sign agreements for cooperation in Defence Cyber (See 'Corp Brief') Scindia launches Mission on 'Arunachal Kiwi: The USP of Arunachal Pradesh' (See 'Corp Brief') A&C - Invocation of arbitration u/s 21 is not consent to appointment, and that subsequent participation in proceedings does not by itself constitute express written waiver: HC (See 'Legal Desk') DFS organises Half-Day Workshop on IBC Amendment Act, 2026 (See 'Corp Brief') National Seminar on 'New Age Fibres – Innovation, Research and the Road Ahead' inaugurated (See 'Corp Brief') National Commission for Minorities organizes Conference of State Minorities Commissions (See 'Corp Brief') IPR - Sec 17 of Trade Marks Act does not prevent protection of prominent part of composite mark where that part is distinctive: HC (See 'Legal Desk') MoS launches Ayush Anudan Portal under Ayush Grid Initiative (See 'Corp Brief') Coal Production commences from Urtan and Dhirauli Mines in MP (See 'Corp Brief') Govt's TEAM Initiative empowering Small Businesses through Digital Commerce Enablement (See 'Corp Brief') PMLA - Provisional attachment not invalidated due to lack of competency of officer; amended provisions do not apply to transactions prior to 2016 amendment if property continues to be held: SAFEMA (See 'Legal Desk') MoRD charts roadmap for Women-Led Rural Marketing Ecosystems (See 'Corp Brief') Pharmacopoeia Commission organizes 5-Day Capacity Building Training (See 'Corp Brief') Saurabh Vijay assumes charge as CEO of Unique Identification Authority of India (See 'Corp Brief') Companies Act - Appellant company directed to change its name where it significantly resembles the name of a pre-existing company and may cause confusion: HC (See 'Legal Desk') Minister reviews technology-led underground mining, integrated smelting operations (See 'Corp Brief') Scientific Steering Committee Meeting on National One Health Mission Held in New Delhi (See 'Corp Brief') Govt launches campaign to reduce edible oil consumption (See 'Corp Brief') PMLA - Provisional attachment unsustainable when Initiating Officer fails to establish source of consideration & beneficial ownership as per Section 2(9)(A): SAFEMA (See 'Legal Desk') HM inaugurates 'Million Minds Tech Park' and 'GREMI City Campus' in Ahmedabad (See 'Corp Brief') Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy (See 'Corp Brief') Experts Discuss Yoga for Youth and Mental Wellness in Digital Era (See 'Corp Brief') Misc - RBI circular dated June 07, 2019 on 'Prudential Framework for Resolution of Stressed Assets' was policy decision taken by expert body in larger public interest: HC (See 'Legal Desk') GeM continues to support Digital Public Procurement System (See 'Corp Brief') Ministry of Education reviews strategy for mainstreaming Out-of-School children (See 'Corp Brief') Misc - NBFC cannot reposses financed vehicle through coercive means, without adherence to due process of law and in violation of RBI recovery guidelines: HC (See 'Legal Desk') Supreme Court lays down scenarios for lifting of Doctrine of Corporate Veil (See 'CORP EINSICHTf')

Print

HMT expands global footprint with export despatch to South Africa

Published: May 23, 2026

By TIOLCorplaws News Service

NEW DELHI, MAY 23, 2026: THE Union Minister for Heavy Industries and Steel Mr H.D. Kumaraswamy today undertook an extensive visit to HMT Machine Tools Limited (HMT), Kalamassery, where he reviewed the plant's manufacturing capabilities, inaugurated an export dispatch to South Africa, conducted review meetings with senior officials of HMT, FCRI and Instrumentation Limited (IL), and interacted with labour union representatives and employees.

The highlight of the visit was the flagging off of an NH Series machine manufactured at HMT Kalamassery for export to South Africa, reflecting the growing global confidence in India's indigenous engineering and manufacturing capabilities. Officials informed the Minister that HMT has been steadily securing international export orders for precision-engineered machine tools and industrial systems.

Speaking on the occasion, H.D. Kumaraswamy said, "The export of indigenous machine tools manufactured at HMT to international markets is a proud moment for India's manufacturing sector. It reflects the growing global acceptance of Indian engineering excellence and technological capability."

During the plant visit, the Minister reviewed the operations and infrastructure across the Machine Tool Division, Foundry Division and strategic manufacturing sections of the facility. He witnessed the manufacturing, assembly and testing processes of CNC systems, precision machine tools, specialised engineering equipment and indigenously developed Sonar Directing Gear systems used for Indian Naval platforms.

The Minister was briefed about HMT's contribution towards strategic sectors including defence, railways, aerospace, heavy engineering and advanced manufacturing. He also reviewed indigenous systems developed for naval and defence applications. Union Minister H.D. Kumaraswamy observed, "Institutions like HMT represent the strength of India's public sector engineering ecosystem. The technical expertise, manufacturing capability and commitment of the workforce here continue to contribute significantly towards strategic self-reliance."

The Union Minister later conducted detailed review meetings with the leadership teams of HMT Machine Tools Limited, Fluid Control Research Institute (FCRI) and Instrumentation Limited (IL). Discussions focused on operational performance, technology upgradation, manufacturing capabilities, modernization, innovation-driven growth and enhancing participation in strategic sectors.

The meetings also reviewed future opportunities for strengthening indigenous manufacturing capacity, improving operational efficiency and enhancing global competitiveness.

As part of the visit, H.D. Kumaraswamy interacted with representatives of various labour unions and employees' associations of HMT. He patiently heard their concerns, suggestions and requests relating to employee welfare, modernization and the future growth of the institution.

Assuring full support to the workforce, the Minister stated: "The welfare of workers and employees remains central to the growth and success of public sector enterprises. Their contribution to India's industrial development is invaluable."

Highlighting the Centre's commitment towards strengthening PSUs, Union Minister H.D. Kumaraswamy said: "Under the visionary leadership of Hon'ble Prime Minister Shri Narendra Modi ji, continuous efforts are being made to strengthen PSUs across the country, modernize infrastructure, improve competitiveness and create greater opportunities for growth, innovation and employment."

The visit reaffirmed the Government of India's commitment towards strengthening strategic manufacturing, promoting indigenous technological capabilities and advancing the vision of Aatmanirbhar Bharat and Viksit Bharat 2047.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.