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hello friends
just came across an article published in the year 2000 by "Financial Express" stating that "HMT Watches" were to start their e-portal (sale of their watches thru internet). sad that it never took-off, and when they're about to close down (no official statement from the company confirming the same) they started this initiative after 14 years. this is just because of the inefficient policies and redtapism. kindly find link to the article.
regards

HMT hopes sales will tick faster with new portal
 

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From a business perspective - and due to the low price levels -, there would have been quite a few possibilities to boost sales of HMT watches with the right global distribution and marketing, given a bit less inflexibility on the side of HMT itself.

(And I would have been happy to provide them with a concise business plan and a computational system dynamics model for scenario-based forecasting, given that it is a shame that HMT watches will now join the long list of gone mechanical watch manufacturers.)
 

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there seems to be a small ray of hope
keeping one factory alive should not be such a daunting task. hope they decide positively.
if they indeed survive this time, they need to understand their strength and niche market.
I think they will not only survive but prosper if they focus only on hand winders and produce models which goes well with indian sensibility like kaushal, janata, shakti etc.

may be we can write them a "fan letter" and tell them why we love hmt. or we can collectively write to the PMO , now.
"share your ideas and contribute to the nation building" is what they are asking people on PMO website.
 

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Discussion Starter · #1,568 ·
Looking at the current situation, it appears to me that WFB would be the most viable to keep alive. WFB is responsible for the automatics. Since they have already switched to fully imported movements with only the watch assembly being done in house, it will mean easier viability without much capital investment in machinery etc.

In any case, for various other reasons, the future of the mechanical HMT watch seems uncertain, unless they start using a fully imported new movement. It will be a sad day for India and something like being transported back to the dark days of import dependence after the glory years of self reliance and in house capability.

Also if they keep only Tumkur alive, it might mean only quartz will live, unless maybe if they shift the automatics production line from WFB to WFT(they are located relatively close to each other).

we will know, it is just a matter of time...
 

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I hope they keep making Indian movements in-house. I like the old Citizen movements in the Janata. I think sticking with the classics is the way to go. If they want to introduce new watches with quartz movements, use Japanese movements-but only for new models. Or, make the quartz movements in-house as well.

Also, bring back the HMT rubber straps!

Perhaps this close call will breathe new life into the company?
 

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If you don't like them, please send me your unwanted straps...
A customer returned 5 watches today because of the straps. He thought I sent him fake watches! I tried explaining to him that the watches were from the Chinar factory but he just wouldn't believe me. I gave him a full refund because I believe the watches deserve someone who loves them for what they are.
 

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Dear Biswas,
Happy to know that the tribe of hmt aficionados are increasing by the day!!:)
The first thing to do is spread the word among our friends & relatives.
I bought 15 watches. (4 automatic & the rest hand wound), gifted 3 ladies watch to my family members.
I sometimes even think/dream of a road trip of hmt fans-regionwise/pan india.:roll:
Good that hmt finally took to e-retailing!!:-! ( and increased the prices to make it economically viable & survive)
If we can send a satellite successfully to Mars in the first attempt, we surely can do a lot more!!:think:
Looking forward to a spectacularly successful run for hmt watches!|>
 
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