Is a Fresh Lease of Life at HMT`s Praga Possible?

Case Code: BSTR694
Case Length: 8 Pages
Period: -
Pub Date: 2025
Teaching Note: Available

Price: Rs.300
Organization : Praga Tools Limited
Industry : Industrial Goods & Machinery
Countries : India
Themes: Turnaround Strategy, Five Forces Strategic Planning,Brand Revival

Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

In 2024, speculation was rife in the Indian media in the Indian media that the Government of India (GoI) would further scale down operations at the Kalamassery unit in Kerala of HMT Machine Tools Ltd. (HMTMTL) – a wholly owned subsidiary of HMT Ltd. (HMT). HMT was a Central Public Sector Enterprise (CPSE) of the GoI under the Ministry of Heavy Industries and HMTMTL specialized in manufacturing various machine tools..

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