S. Girish Kumar Chairman & Managing Director HMT (INTERNATIONAL) LIMITED (A wholly owned subsidiary of HMT Umited) A Government of India Undertaking HMT Bhavan 59. 8eUary Road 8angalore • 560032. India CMD/PI 19th October 2020 Ministry of Micro, Small and Medium Enterprises Udyog Bhawan, RafiMarg, New Delhi -110011 Kin…
Official record
Open source pageS. Girish Kumar Chairman & Managing Director
HMT (INTERNATIONAL) LIMITED (A wholly owned subsidiary of HMT Limited) A Government of India Undertaking HMT Bhavan 59, Bellary Road Bangalore - 560 032, India
CMD/PJ 19th October 2020
Ministry of Micro, Small and Medium Enterprises Udyog Bhawan, Rafi Marg, New Delhi - 110011
Kind Attn: Shri A. K. Sharma, IAS, Secretary
Dear Sir,
Sub: Participation of MSMEs in overseas projects under implementation by HMT(I).
Greetings from HMT(International) Limited.
You may be kindly aware that, HMT(International) Ltd, is a wholly owned subsidiary of HMT Ltd, a Government of India Enterprise under Department of Heavy Industry, Ministry of Heavy Industries & Public Enterprises, is implementing various projects for Ministry of External Affairs (MEA) for many years.
HMT(I), a Mini-Ratna company of Government of India, an ISO 9001:2015 company was established during the year 1974 for exporting HMT products across the world. With technical expertise in Machine Tools technology, HMT(I) gradually started implementing turnkey projects like Technical Training Centers, Vocational Training Centers, Information Technology Centers and others for MEA in various countries Afghanistan, Bangladesh, Belize, Indonesia, Kenya, Kyrgyzstan, Liberia, Malaysia, Maldives, Mauritius, Mozambique, Mongolia, Myanmar, Nigeria, Senegal, Sri Lanka, South Africa, Tajikistan, Tanzania, Turkmenistan, UAE, Zambia, Zimbabwe, etc.
I wish to bring to your kind notice that, through these projects HMT(I) has been developing many MSMEs to manufacture export quality products and promoting their products in overseas markets.
Contd.2/-
CIN No. U33309KA1974PLC002707 Phone : 91-80-23339060 Fax : 91-80-23339286/23339048 E-mail : contactus@hmti.co.in Internet : http://www.hmti.com
-2-
HMT(I) is currently implementing following projects on behalf of MEA, which are in procurement stage:
I also wish to bring to your kind notice, MEA payment process generally takes 2-3 months from the date of shipment from India. Hence, HMT(I) has to float tenders with payment term as 60 days from the date of delivery to shipping agent.
In this connection, I request your goodself to encourage MSMEs to participate in the tender with the above payment term, in order to have more MSMEs in our panel.
With regards,
Yours sincerely,
(S. Girish Kumar)
Research the source law
This record is not yet linked to a specific provision. Browse the law library, choose the affected provision and ask against the exact statutory text.
Browse source laws