Lokesh Machines (LML) has entered into a Memorandum of Understanding (MOU) with Advanced Weapons & Equipment India, Ministry of Defence (A WEIL) and Armament Research & Development Establishment, DRDO, Ministry of Defence, Government of India (ARDE) on February 15, 2023.
The objectives of the MoU are to establish the framework for co-operation between, A WEIL, LML Hyderabad and ARDE to jointly address the requirements of critical and strategic material required for Indian defence forces, paramilitary forces, police organizations, civil and export market.
Lokesh Machines is an India-based company. The Company has two segments: Machines division and Components division. The company is engaged in the industry of manufacturing of machine tools and auto components. The company’s products include horizontal machining centre (HMC) and vertical machining centre (VML).
