HMT revival plan likely to focus on self-reliance in new-age manufacturing for ISRO
Published on: June 17, 2026, 12:39 a.m. | Source: The Economic Times
Hindustan Machine Tools is set for a revival. The plan prioritizes self-reliance in advanced manufacturing. It will focus on producing capital goods for ISRO's space technology needs. The revival may involve land sales and financial relief. This initiative aims to boost domestic capabilities in critical sectors. Implementation follows stakeholder consultations.
