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'''Praga Tools Limited''' was established in May, 1943 as Praga Tools Corporation Limited to manufacture machine tools with its headquarters at [[Kavadiguda]], [[Secunderabad]], [[Telangana]], [[India]]. | '''Praga Tools Limited''' was established in May, 1943 as Praga Tools Corporation Limited to manufacture machine tools with its headquarters at [[Kavadiguda]], [[Secunderabad]], [[Telangana]], [[India]]. | ||
It was renamed as Praga Tools Limited in 1963 and was transferred to the [[Ministry of Defence (India)|Ministry of Defence]] in 1963. It is mainly involved in manufacture of machine tools including CNC machines. [[Hindustan Machine Tools|HMT Limited]] took over Praga Tools Limited as one of its subsidiaries in 1986.<ref>http://www.thehindubusinessline.com/2005/11/23/stories/2005112302070201.htm</ref> and is under Industries Ministry, The [[Government of India]]. | It was renamed as Praga Tools Limited in 1963 and was transferred to the [[Ministry of Defence (India)|Ministry of Defence]] in 1963. It is mainly involved in manufacture of machine tools including CNC machines. [[Hindustan Machine Tools|HMT Limited]] took over Praga Tools Limited as one of its subsidiaries in 1986.<ref>{{Cite web|url=http://www.thehindubusinessline.com/2005/11/23/stories/2005112302070201.htm|title=Business Financial, Economy, Market, Stock - News & Updates}}</ref> and is under Industries Ministry, The [[Government of India]]. | ||
==References== | ==References== | ||
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[[Category:Indian companies established in 1943]] | [[Category:Indian companies established in 1943]] | ||
{{India-company-stub}} | {{India-company-stub}} | ||