Popularity and demand of watches was increasing which led the company to expand its capacity. Accordingly, the expansion was done as mentioned below.
In 1972, Watch factory II was set up alongside the Bangalore Factory to manufacture Automatic Day Date Watches with Japanese Technology.
Watch factory III was set up at Srinagar in 1972 with the entire Technical Knowhow from HMT engineers.
In 1975, Watch factory at Bangalore was further expanded to manufacture Main Spring, Hair spring and Shock absorber components. By this, HMT totally acquired the technology of Mechanical Watch making.
Later on HMT set up manufacturing facility to produce 2 million watch components sets at Tumkur and Ranibagh in the year 1978 and 1985 respectively and watches were assembled at various assembly units spread over the country. This was done with the objective of dispersal of Industry and creation of employment besides catering to the demand for the product which got accepted very well in the market. In line with the market trend , Watch factory at Tumkur was partially converted to manufacture Quartz Analog Watches in collaboration with M/S Citizen Watch Co, Japan. To cater to the Niche market, a specialized watch case manufacturing facility was set up at Bangalore in 1983 .The project was implemented with in-house expertise, without any foreign collaboration .
Since 1985 , HMT Watches has been actively involved in making Floral Clocks, Solar Clocks, International Clocks, Master-Slave clocks and Tower Clocks. The Garden clock at Bangalore thrills thousands of visitors everyday.
In the year 2000, HMT Watch Bussiness group was re-structured as HMT Watches Limited (a Wholly Owned Subsidiary of HMT Limited).
HMT Watches, having over 100 million satisfied customers, is a household name in the country and enjoys a good Brand Equity.