HMT announced that to encash the brand equity of HMT Watches, Auxiliary Business Division of HMT took up activities for setting up of a Watch Assembly Line and applied for industrial license for manufacture, assembly, sales & services of watches and clocks. The Division has now completed the setup of a Watch Assembly Line and has also received the Industrial license. Hence, it now proposes to take up design & development and assembly of new watch models and clocks under the HMT brand, by outsourcing components and in-house assembly.
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