Engineering,Engineering sector projects by Government Of India in
Project Information
4811
Government Of India
The Cabinet Committee On Economic Affairs (CCEA) Has Approved The Rs 1,083-Crore Revival Package For Watch And Tractor Maker HMT That Aims To Modernise The Company And Help It Turn Around In Five Years. The Package Includes Cash Infusion To The Tune To Rs 450 Crore And Rs 630 Crore Non-Cash Assistance. The Cash Component Of The Package Would Be Used For Modernization, Meeting The Working Capital Needs And For Wage Revision.
Project Value
INR 1083 Crore /-
Investment Approved
Not Specified
India
Engineering,Engineering
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