Can The Government Revive HMT, India's Pioneering Watch Brand? | Luxury Lounge

HMT, or Hindustan Machine Tools was India's first wristwatch brand. The company’s first watchmaking unit was set up in 1960 in Banglore in collaboration with Japanese watchmaker Citizen and Its first batch of handwound watches was launched by Jawaharlal Nehru. In the mid 1980s, it's slide began... with the arrival of Titan & its quartz watches. By the end of the first decade of the 2000s, it was all but over. But now, the government wants to revive the brand. Can they do it? #hmt #watch #government Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx...