The document provides an overview of HMT Limited, an Indian manufacturing company established in 1953. It discusses HMT's diversification into various industries including watches. In 1962, HMT started manufacturing watches in collaboration with Citizen Watch Company of Japan. However, over time HMT's watch division faced challenges competing against private companies as it failed to adapt to market changes and new technologies. The document performs a SWOT analysis of HMT's watch division and identifies weaknesses in its marketing strategy. Suggestions are provided to correct HMT's strategy and strengthen its position in the competitive watch market.