HMT going to be shut down soon !!

[djmykey]

Indian Govt. decided to shut down HMT Watches Ltd.
http://indianexpress.com/article/india/india-others/hmt-loses-race-against-time-to-be-shut-soon/

 

[AMG]

Any chances of a relaunch of HMT tractors?

 

[shady2pac]

Too bad. Recently they have started selling online and now this happens.

 

[puns]

Should have sold to private players than this. Business potential is huge in this.

 

[asingh]

Sad to see this.

http://timesofindia.indiatimes.com/...-down-after-53-years/articleshow/42296223.cms

 

[blr_p]

Should have sold to private players than this. Business potential is huge in this.

They'd have done it if it was feasible. Since they did not do it it means no interest was shown.

 

[Black_Hawk]

Saddening piece of news this...

 

[surajspai]

I dont see why it comes as a surprise.
Not many knew HMT was still sround,even less knew about their watches.
There has essentially been NO production at Bangalore,Chinar closed down,Tumkur is in the same state and only Ranibagh was doing "something".So,its just a official stamp of what has been common knowledge for over the last 3-4 years

 

[eternoMind]

Fans rush to HMT as watchmaker marks time

 

[toxicdrift]

now i feel bad for not order in the g0 thread some months back. .. this is sad

 

[anirbandd]

I have an hmt metal watch.. My father's. Its so heavy and has awesome great build quality. Although a manual winding watch..

Sorry to head that it'll shut down.

 

[asingh]

They are going to go quite up out on the Bay.

 

[pradeep200417]

http://indianexpress.com/article/in...out-of-time-hmt-tries-to-sell-watches-online/

 

[Roxtin]

Are they doing any Sale on their outlets in Bangalore or Delhi?

 

[gmano]

Are they doing any Sale on their outlets in Bangalore or Delhi?

They do sell watches still (whatever is available), but prices have doubled.

 

[pradeep200417]

They do sell watches still (whatever is available), but prices have doubled.

What about after sales service?

 

[asingh]

What about after sales service?

Ask any watch maker if they service automatics. Those small road side shops.

 

[pradeep200417]

Ask any watch maker if they service automatics. Those small road side shops.

Ohh That would work what.
I should give it a try.

 

[Mr.J]

Epic bump but any of you guys had to get HMT watches serviced in Mumbai. I actually tried couple of small watch repair shops in my area but they don't do it.