Praga Tools

 ( Government-owned Companies Of India ) 

Praga Tools Limited is an Indian company headquartered at Kavadiguda, Secunderabad, Telangana. It was mainly involved in manufacture of machine tools including CNC machines. It is one of the Defence Public Sector Undertakings.

Timothy D. Hoyt (2006). 9781135765187, Routledge. . ISBN 9781135765187

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History The company was established in May 1943 as Praga Tools Corporation Limited.

M. H. Bala Subrahmanya (2021). 9783110679434, Walter de Gruyter GmbH & Co KG. . ISBN 9783110679434

In 1960-61, the Praga Tools Corporation had a rise in machine tools' output from Rs. 8 lacs to Rs. 48.32 lakhs.

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.

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.

R. SRINIVASAN (2014). 9788120350304, PHI Learning Pvt. Ltd.. . ISBN 9788120350304

Praga Tools after being declared as a sick unit sold the land at Kavadiguda from where it used to operate. Heavy machinery from this location was shifted to its other unit at Quthbullapur.

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External links

• Praga Division, HMT

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