HMT(I) to set up SME dvp projects in Zimbabwe

Bangalore, June 12: HMT (International) Ltd., export arm Hindustan Machine Tools, will set up two Small and Medium Enterprise development projects in Zimbabwe.

The projects-- Indo-Zimbabwe Technology Centre (IZTC) in Harare and India Technology Centre (ITC) in Bulawayo, would come up soon, a HMT (I) release here said today.

An agreement to this effect was signed by HMT (I) Managing Director Mahendra Kumar and Additional Secretary, Ministry of External Affairs D K Jain, recently.

Under the agreement, HMT(I) would set up an integrated facility at Harare, comprising Technical Training Centre, Common Facility Centre and a Small and Medium Enterprise Institute. HMT with its domain competency and expertise would equip the Centre with high-precision high-technology CNC machines and allied equipment for training and manufacturing of tools, dies and PCBs.

Apart from this, HMT(I) would take up moderanisation of common facility centre and vocational training centres at identified location in Zimbabwe. The projects were expected to improve visibility and co-create engineering capability in and around zimbabwe, the release said.

UNI