Precision engineering company P Ravindra Reddy and the late K Satyanarayana Reddy. Its first project was the manufacture of coolant channel assemblies for nuclear reactor cores, as sought by the Department of Atomic Energy at that time. The department had first approached state-owned HMT Ltd (then Hindustan Machine Tools Limited) for the project, but it declined, saying there was too much complexity involved. So the Reddy friends took up the challenge. With four machines at a small workshop in Hyderabad, they started MTAR. A year later, Ravindra’s brother, PJ Reddy, joined the company to handle its finances. Since successfully executing the first project, MTAR has extended its vision to indigenise manufacturing for nuclear, defence, and space sectors.