After a two-decade successful run, the film manufacturing company slowly turned into a sick unit. HPF, which was the only film manufacturing public sector company in the country, saw a downward trend from 1992, thanks to digitalisation and globalisation. But for more than four decades since its inception, the economy of the Nilgiris centred on tea, tourism and HPF. Its technology having become outdated, the company which once commanded a monopoly in film manufacturing was declared a sick unit by the BIFR in 2004. The company had over 5,000 employees three decades ago.Though HPF was considered a major industry in Ooty till the late 1980s, the company had a tumultuous existence.
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