India
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HMT Watches: The Rise and Fall of India’s Watchmaking Titan
Once upon a time HMT was amongst the largest watchmakers in the world, until it became defunct in 2016. Farzad Mistry charts its history and decline.![](gif/s.gif)
Time Runs Out For India’s National Watchmaker HMT, Once a Global Giant
State-owned HMT Watches, once India's largest watchmaker, will soon be shut down after bleeding red ink for years, a consequence of a something familiar to Swiss watchmakers: cheap quartz imports. Competition from fellow Indian watch brand Titan merely added to its woes.Load More