Praga Tools Limited is an Indian company headquartered at Kavadiguda, Secunderabad, Telangana.[1] It was mainly involved in manufacture of machine tools including CNC machines. It is one of the Defence Public Sector Undertakings.[2][3]
History
The company was established in May 1943 as Praga Tools Corporation Limited.[4] In 1960-61, the Praga Tools Corporation had a rise in machine tools' output from Rs. 8 lacs to Rs. 48.32 lakhs.[5]
It was renamed as Praga Tools Limited in 1963 and was transferred to the Ministry of Defence in 1963.