Lohia Machinery Limited
 |
|
| Traded as | : , : LML |
|---|---|
| Industry | Automotive |
| Predecessor | Lohia Machines Limited |
| Founded | 1972 |
| Headquarters | Kanpur, Uttar Pradesh, India |
|
Key people
|
Deepak Singhania (Chairman & Managing Director) K K Shangloo Director |
| Products | Scooters, motorcycles |
| Revenue | ₹264 crore (US$41 million) 2009–2011 |
| loss | |
| loss | |
| Website | www |
LML (formerly Lohia Machines Ltd) is an Indian scooter and motorcycle manufacturer based in Kanpur, Uttar Pradesh.
Incorporated as Lohia Machines Private Limited in 1972, the company was engaged in manufacture of synthetic yarn manufacturing machines in technical collaboration with ARCT, France. In 1978, it became a public limited company and diversified into processing synthetic yarn.
In 1984 a technical collaboration agreement was signed with Piaggio of Italy and a scooter project was set up. The relationship with Piaggio was redefined to that of a partner in 1990, both partners having equal equity participation of 23.6% each.
The LML Select was launched in 1993, with new age technology and aesthetics, and became an instant success. LML's joint venture with Piaggio ended in 1999.
LML continued to manufacture the Star, a classically styled steel-bodied scooter with twist-shift 4-speed manual transmission and a 150cc two-stroke engine.
Some of these were distributed in the United States as the Stella and in the UK as A.K. International (AKII). AKII's Aura LML & A.K. International (I&E) Ltd was appointed the sole distributor for UK In 2008. Star Deluxe was re-introduced to the U.K. market by AKII (I&E) Ltd, with the Via Toscana as the Euro 3 emissions compliant model.
LML also produced the Trendy 50 cc (1998-2006), formerly known as Benelli Scooty (1993), a derivation from 1981 Benelli S50. That little scooter had no parts in common with Piaggio, being a Benelli project (engine included).
Again in 1999, an agreement was signed with Daelim Motor Company of South Korea to manufacture four-stroke motorcycles. In 2000 the company was recognized by the Indian Ministry of Science and Technology for remarkable success in introducing new models/upgrades of scooters in the market with more fuel-efficient engines, new electrical systems, latest emission norms, upgraded technology, better styling etc., and that year entered the motorcycle market with upper end lifestyle bikes in 100 cc, using three-valve technology.
...
Wikipedia