HMT Taps BHEL Executive N. Ramesh Kumar as New CMD on Additional Charge

HMT Ltd. ( (IN:HMT) ) just unveiled an update.

HMT Limited has appointed N. Ramesh Kumar, an Executive Director at Bharat Heavy Electricals Limited, as Chairman and Managing Director with additional charge effective March 25, 2026, for up to one year or until a regular incumbent joins. The move brings to HMT more than 35 years of experience in advanced engineering, solar power, rail traction systems and strategic diversification, signalling an effort to revitalise operations and strengthen leadership at a time when public sector engineering firms face rising competitive and technological pressures.

Kumar’s background spans gas turbine controls, large solar projects, high-speed rail traction electrics and the establishment of new manufacturing and technology centres, including a Centre of Excellence for India’s KAVACH train-collision avoidance system. His track record in cost optimisation, product development and systems-building is expected to support HMT’s push for improved productivity, digitalisation and operational discipline, with implications for employees, government stakeholders and customers relying on the company’s role in capital goods and infrastructure supply chains.

More about HMT Ltd.

HMT Limited is an Indian public sector enterprise historically known for manufacturing machine tools, watches and industrial equipment, serving core engineering and infrastructure sectors. The company operates under the administrative control of the Ministry of Heavy Industries, positioning it within India’s broader industrial and capital goods ecosystem.

Average Trading Volume: 5,810

Technical Sentiment Signal: Buy

Current Market Cap: 67.51B INR

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