The revival of HMT Watches, once a household name in India, has resurfaced in policy discussions as Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy, chaired a review meeting on its future prospects. Once celebrated as “India’s Timekeeper,” HMT lost market dominance following intense competition from global brands and technological disruptions in the 1990s and early 2000s. The latest review reflects a broader government push to assess the viability of legacy public-sector enterprises and explore opportunities for modernization.