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Case Studies Clean Aerial and Fast Coming back to Operation: This case study was conducted with DSM and TankSystems, (an HMT company) equally the two companies worked together to develop the overhaul solution for repairing corroded steel tanks in chemical computer storage parks. Click present to read more.
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Hmt, which partnered with watchmaker citizen of japan, to start manufacturing in 1961, was in fact, the first to introduce quartz watches in india in the 1970s, under the sub-brands sona and vijay.
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Why did HMT lose its market share to Titan?
In due cour se, HMT had to lose market leadership to newly emerged domestic player Titan. Undoubtedly, entry of Titan was the beginning of the end of the glori ous moments of HMT watches. Titan watches. Since then HMT went on to lose market share and sales revenue and even iconic status to Titan.
What was the highest revenue of HMT Watches?
Undoubtedly, entry of Titan was the beginning of the end of the glori ous moments of HMT watches. Titan watches. Since then HMT went on to lose market share and sales revenue and even iconic status to Titan. In 1991 it ha d 8,000 employees and registered its highest sales revenue- Rs.300 crore.
When did HMT manufacturing company start in India?
Incorporated in 1953 by the Government of India as a Machine Tool manufacturing company. Over the years diversified into Watches, Tractors, Printing Machinery, Metal Forming Presses, Die Casting & Plastic Processing Machinery, CNC Systems & Bearings. HMT : A Snapshot
Is the HMT brand a failure or a success?
Promotion Though HMT’s advertising was distinctive and did cater to the lifestyle segment, it failed to communicate the uniqueness of HMT’s quartz design vis-à-vis other HMT watches . M I S T A K E S
Last Update: Oct 2021
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