Praga Tools Limited
Encyclopedia
Praga Tools Limited was established in May, 1943 as Praga Tools Corporation Limited to manufacture machine tools with its head quarters at Kavadiguda, Secunderabad
, India. It was renamed as Praga Tools Limited in 1963 and was transferred to the Defence Ministry in 1963. It is mainly involved in manufacture of machine tools including CNC machines. HMT Limited
took over Praga Tools Limited as one of its subsidiaries in 1986. and was transferred back to the Industries Ministry. The company was in heavy losses and is under liquidation.
Secunderabad
Secunderabad popularly known as the twin city of Hyderabad is located in the Indian state of Andhra Pradesh north of Hyderabad. Named after Sikandar Jah, the third Nizam of the Asaf Jahi dynasty, Secunderabad was founded in 1806 AD as a British cantonment...
, India. It was renamed as Praga Tools Limited in 1963 and was transferred to the Defence Ministry in 1963. It is mainly involved in manufacture of machine tools including CNC machines. HMT Limited
Hindustan Machine Tools
Hindustan Machine Tools was 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...
took over Praga Tools Limited as one of its subsidiaries in 1986. and was transferred back to the Industries Ministry. The company was in heavy losses and is under liquidation.