The parent company Gupta Machine Tools Ltd. was a pioneering venture in early 60s with its first unit Precision Tools & Instruments, Calcutta manufacturing gauges, gear cutting tools, steering worms etc. The unit was essentially a sophisticated tool room and machining centre. Precision Stampings came up next. Gupta Machine Tools Ltd. also provided Technical know how to a Malaysian company for the manufacture of gauges, tools, stampings and laminations.