HMT is in loss and some of its units are closed. It is well known that this has happened only due to the anti-PSU policy of the government.
However, Kalamassery Unit (Kerala) of the HMT is in profit even now. Orders are there, but the work force has been reduced from 3500 to 235 during the last two decades. Some of the retired workers are brought on contract basis to manage the work, but that is not sufficient. New recruitment has to take place, which the government will not allow.
When the adopted policy of the Modi Government is to close/ privatise about 75 PSUs, is it going to take care of HMT? Of course not. The workers and people have to unitedly organise struggle to expose the government policy and save the valuable PSUs.