Ganesh2691
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KOCHI: Public Sector Hindustan Machine Tools Limited (HMT) is gearing up to undertake manufacture of weapons and ammunition like rifles, missiles components and shells as part of its diversification plans. "We are in advanced stage of discussions with institutions like Defence Research and Development Organization (DRDO). They have developed the technologies for manufacturing such items, and we have the capacity to manufacture them,'' M D Sreekumar, HMT's managing director told TOI. Sreekumar said DRDO passes on technologies to industries through an open tendering process. "So far we did not have the qualifications to participate in the tender. After the discussions DRDO will permit us to participate in the tender. And we are confident that we have the expertise to absorb the technologies,'' he said. The weapon manufacturing assignments would be mainly carried out in the Kochi (Kalamassery), Bangalore and Hyderabad units.
Hindustan Machine Tools Limited: From watches to weapons? - The Times of India
Hindustan Machine Tools Limited: From watches to weapons? - The Times of India