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Coordinates: 17°25′25.9″N 78°29′42.3″E / 17.423861°N 78.495083°E

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17°25′25.9″N 78°29′42.3″E / 17.423861°N 78.495083°E / 17.423861; 78.495083

Praga Tools Limited is an Indian company headquartered at Kavadiguda, Secunderabad, Telangana.^[1] It is mainly involved in manufacture of machine tools including CNC machines. It is one of the Defense Public Sector Undertakings.^[2]^[3]

Praga Tools Limited

Company type	Public Sector Undertaking
Industry	Engineering
Founded	1943
Headquarters	Secunderabad, India
Products	Machine Tools
Website	Praga Division, HMT

History

The company was established in May 1943 as Praga Tools Corporation Limited.^[4] In 1960-61, the Praga Tools Corporation had a rise in machine tools' output from Rs. 8 lacs to Rs. 48.32 lakhs.^[5]

It was renamed as Praga Tools Limited in 1963 and was transferred to the Ministry of Defence in 1963. HMT Limited took over Praga Tools Limited as one of its subsidiaries in 1986.^[6]

During 1995-1996, the company got ISO 9001 accreditation. During 2005-2006, the company had a turnover of 11.48 crores as compared to 12.76 crores during 2004-2005. In 2013-2014, 182 crore rehabilitation package was approved by Board for Reconstruction of Public Sector Enterprises.^[7]^[8]

References

^ International Commerce. Bureau of International Commerce. 1965.
^ General Knowlege on India. Sura Books. ISBN 978-81-7254-145-3.
^ Hoyt, Timothy D. (27 September 2006). Military Industry and Regional Defense Policy: India, Iraq and Israel. Routledge. ISBN 978-1-135-76518-7.
^ Subrahmanya, M. H. Bala (18 January 2021). Entrepreneurial Ecosystems for Tech Start-ups in India: Evolution, Structure and Role. Walter de Gruyter GmbH & Co KG. ISBN 978-3-11-067943-4.
^ Civic Affairs. P. C. Kapoor at the Citizen Press. 1961.
^ "Business Financial, Economy, Market, Stock - News & Updates".
^ R, SRINIVASAN (1 September 2018). CASE STUDIES IN MARKETING, SEVENTH EDITION: THE INDIAN CONTEXT. PHI Learning Pvt. Ltd. ISBN 978-93-87472-32-7.
^ SRINIVASAN, R. (1 October 2014). STRATEGIC MANAGEMENT: THE INDIAN CONTEXT. PHI Learning Pvt. Ltd. ISBN 978-81-203-5030-4.

External links

Praga Tools on ZaubaCorp

Public sector undertakings in India (List)

Maharatna

Energy	Bharat Petroleum Coal India GAIL Hindustan Petroleum Indian Oil NTPC Limited ONGC Power Grid
Financial services	Power Finance Corporation REC
Defence	Hindustan Aeronautics
Engineering	BHEL
Metals	SAIL

Navratna

Defence	Bharat Electronics
Energy & metals	National Aluminium Company National Mineral Development Corporation Neyveli Lignite Corporation Oil India Rashtriya Ispat Nigam
EPC	Engineers India National Buildings Construction Corporation
Logistics	Container Corporation of India Shipping Corporation of India
Telecommunications	Mahanagar Telephone Nigam

Miniratna-I

Energy, metals & mining	Bharat Coking Coal Balmer Lawrie Central Coalfields Central Mine Planning and Design Institute Chennai Petroleum Corporation Hindustan Copper Indian Renewable Energy Development Agency Indian Rare Earths Kudremukh Iron Ore Company Mahanadi Coalfields MOIL Mangalore Refinery and Petrochemical Mineral Exploration Corporation National Hydroelectric Power Corporation Northern Coalfields North Eastern Electric Power Corporation Numaligarh Refinery ONGC Videsh SJVN South Eastern Coalfields THDC Western Coalfields
Defence & space	Antrix Corporation Bharat Dynamics Bharat Earth Movers Cochin Shipyard Garden Reach Shipbuilders and Engineers Goa Shipyard Mazagon Dock Mishra Dhatu Nigam Pawan Hans
Media & telecom	BSNL Hindustan Newsprint Hindustan Paper Corporation Railtel Telecommunications Consultants India
Logistics & transport	Airports Authority of India Central Warehousing Corporation
EPC & infrastructure	Bridge & Roof Company HUDCO Ircon International Kamarajar Port National Projects Construction Corporation Projects and Development India Rail Vikas Nigam RITES WAPCOS
Trading	Cotton Corporation of India India Trade Promotion Organisation Metals and Minerals Trading Corporation of India MSTC
Tourism & hospitality	HSCC (India) India Tourism Development Corporation IRCTC
Agriculture	National Fertilizers National Seed Corporation Rashtriya Chemicals & Fertilizers
Other	Educational Consultants India HLL Lifecare Indian Railway Finance Corporation National Small Industries Corporation Security Printing and Minting Corporation of India

Miniratna-II

Artificial Limbs Manufacturing Corporation of India
Bharat Pumps & Compressors^l
Broadcast Engineering Consultants India
Central Railside Warehouse Company
Engineering Projects (India) Limited
FCI Aravali Gypsum and Minerals (India)
Ferro Scrap Nigam
HMT Limited
Indian Medicines and Pharmaceuticals Corporation
MECON
National Film Development Corporation of India
Rajasthan Electronics and Instruments

Finance

Banks

Insurance

Agriculture	Agriculture Insurance Company of India
General	National Insurance Company New India Assurance Oriental Insurance United India Insurance Company
Life	Life Insurance Corporation of India
Health	Employees' State Insurance
Reinsurance	GIC Re

State govt.
enterprises

Other

l - liquidated
Information updated as of January, 2020 by Department of Public Enterprises • See also Public sector banks in India

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