<b>XIII LOK SABHA DEBATES, <i> Session II (Winter Session) </i> </b>
XIII LOK SABHA DEBATES, Session II (Winter Session) Thursday, December 2, 1999/Agrahayana 11, 1921 (Saka )


Type of Debate: MATTERS UNDER RULE- 377
Title: Need to take concrete steps for revival of Hindustan Machine Tools, Hyderabad, Andhra Pradesh.

TEXT :
DR. MANDA JAGANNATH (NAGAR KURNOOL): The Hindustan Machine Tools industry was once the backbone of the entire industrial engineering sector. Pandit Jawaharlal Nehru while inaugurating it four decades ago, referred to HMT as another jewel in the crown of India. But the position of HMT is deteriorating day by day. Although the company had its famous research and development facilities for new and upgraded products, it is now running in loss in view of various reasons. The LAMPS division located at Hyderabad has been almost idle because of no tangible orders and so dwindling of production. There are also Press Division, Machine tools Division and Watch Case Division. As there is not sufficient orders, almost all the divisions are on the verge of collapse and they are not doing well because of lack of orders as well as lack of budgetary support from the Government of India for purchase of raw material.

Although products of HMT are used in Defence and Railways, these Ministries are also not placing orders with HMT.

I, therefore, humbly submit through you, Sir, to the hon. Defence Minister and the hon. Railway Minister to place orders with HMT in regard to their production for survival of this premier public sector undertaking. I also appeal to the Finance Minister as well as to the Minister of Heavy Industries and Public Enterprises to grant adequate budgetary support to HMT, Hyderabad for survival of the industry. The revival package of HMT is also pending with the Government of India.


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