HMT tractors is one of the oldest tractor brands in India. The company was established in 1953 by the Indian government to manufacture heavy machine tools and other equipment. HMT is a public company owned by the government of India under the Ministry of Heavy Industries and Public Enterprises. HMT stands for Hindustan Machine Tools.
HMT had more than 35 tractor models on offer from the date of incorporation. HMT tractors were available in the HP range of 25 HP to 75 HP. With its collaboration with Zetor Tractors, it has built many tractors by sharing platforms of similar tractors.
The company was engaged in diverse sectors such as watches, Printing press, bearings, CNC systems, die casting, tractors, and many other industries. Tractors and watches were the major industries in which HMT operated and was successful in creating a market share. The company held 3 subsidiaries named HMT Chinar Watches, HMT tractors, and HMT bearings.
HMT tractor was established in the year 1972 with a view to mass-produce utility tractors due to the growing demand. This state-run organization collaborated with a Slovak company named Motokov. The agenda of the collaboration was to help HMT in advancing its technical Know-How and help with technology to produce tractors. Initially, HMT was successful in manufacturing 25 HP tractors. Over the years the brand was successful in manufacturing tractors from 25 HP to 75 HP.
As HMT is a state-owned company, it is not only limited to the manufacturing of consumer products but is also known for manufacturing Heavy defense equipment for the Indian Navy through its plant in Kochi, Kerala. HMTs is also a primary exporter of engines for Preet tractors.
HMT tractors manufacturing plant is located in Pinjore, Haryana. The brand is headquartered in Bangalore, Karnataka. Mr. A.V. Kamat is the Chairman and Managing Director of HMT. Over the years, HMT has built a dealership network of more than 300 dealers and was successful in selling more than 3,60,000 units of tractors.