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Lokesh Machines enters into technical tie-up agreement with EMCO GmbH

31 Jan 2017 Evaluate

Lokesh Machines has entered into technical tie-up agreement with EMCO GmbH for manufacturing and selling their machines in India. Lokesh Machine Tools will shortly start manufacturing the Next Generation Multitasking machines for Indian Market as well as re- Export. This technology tie-up would help company to expand the customer base, beyond the traditional automotive OEM'S TIER-I & TIER-II's and-offer specialized manufacturing solutions to a host of manufacturers. These machines will be assembled at the new manufacturing facility at Kallakal, Hyderabad.

Lokesh Machines is an India-based company. The company ranks amongst the top five machine tool manufacturers in the country. The company is a leader in cam & crank borers, fine borers & finish milling machines.

Peers
Company Name CMP
Bharat Heavy Elect. 420.30
Thermax 3470.25
Kirloskar Industries 3690.00
Skipper 570.50
INDO-MIM 1253.95
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