India Plans Supply Accord for Watchmaker HMT, Business Line Says

Sept. 15 (Bloomberg) -- India is working on a supply accord for tractor and watchmaker HMT Ltd., the Hindu Business Line newspaper said, citing B.S. Meena, secretary in the ministry of heavy industries. The plan would involve HMT manufacturing some components for Hindustan Aeronautics Ltd., which recently won orders to make aircraft, the report said.

Link to Story: {NSN L8R2UQ6VOT1J <GO>} Link to Company News:{HMT IN <Equity> CN <GO>} Link to Company News:{236295Z IN <Equity> CN <GO>}

To contact the reporter on this story: Anoop Agrawal in Mumbai at aagrawal8@bloomberg.net

To contact the editor responsible for this story: Margo Towie at mtowie@bloomberg.net