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. 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).
LMLElectric on Monday said it has inked a letter of intent (LOI) to form a joint venture with Germany-based electric hyperbike manufacturer eROCKIT AG ... LML scooters were very popular in the Indian market, right from the 1980s to the early 2000s ... "With this new jewel in LML's ...
BrandLML which became famous as the maker of LML Vespa scooters, is set to come back in September this year with the unveiling of three electric two-wheelers and a rejuvenated company brand logo ... The LML branded variant of the eRockit will, however, have pedal-assist wherein the user can get help from the electric motor on the move.
LML is coming back and while that has been known for some time TOIAuto now has some big and exclusive details around the company's return. For a large number of Indians the mere mention of LML (Lohia Machinery Limited) would bring in loads of nostalgia ...Yogesh Bhatia, CEO, LML Electric ... The new entity will be known as LML Electric.
LML is coming back and while that has been known for some time TOIAuto now has some big and exclusive details about the company's return. For a large number of Indians, the mere mention of LML (Lohia Machinery Limited) would bring in loads of nostalgia ...Yogesh Bhatia, CEO, LML Electric ... The new entity will be known as LML Electric.
... Notes is approved by LML's shareholders, LML's plan for repaying the Notes if they are not subsequently converted by the relevant maturity date; if issue of the Notes is not approved by LML's shareholders, LML's plan for repaying $260,000 that has already been drawn down; and.
LML, the once-popular brand in the Indian two-wheeler market is making a comeback ... For this LML has formed a strategic partnership with Saera ElectricAuto, the brand that previously assembled Harley Davidson motorbikes in India ... LML even rebranded to LML Electric and is planning to bring scooters for the upper-middle and urban segments.
LMLElectric on Thursday said it has entered into a strategic partnership with Saera Electric Auto -- the former manufacturing partner of Harley Davidson in India -- to produce its electric two-wheelers ... One of the popular two-wheeler brands in the 1990s, LML had fallen into tough times and went into insolvency.