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| Exchange Disseminated Time 27/01/2017 10:34:22 | Lokesh Machines Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 27, 2017, has agreed to enter an agreement with EMCO GmbH for manufacturing and selling their machines in India. The announcement was made at the ongoing machine tool fair IMTEX 2017. Lokesh Machine Tools will shortlystart manufacturing the Next Generation Multitasking machines for Indian Market as well as re-Export. This technology tie-up would help Lokesh expand the customer base beyond the traditional automotive OEM'S TIER-I & TIER-ll'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 has a worldwide clientele and is noted for machine tool Manufacturer in India with credentials of Exports to Japan, Germany, Italy, Russia & other European Countries. Lokesh Machines Limited is also amongst the first Asian Company to successfully manufacture and supply machines for Euro 6 Engine & also is executing a repeat order.
EMCO Group is one of the leading technological Machine Tool Company based out of Austria and having various manufacturing plants located in Austria, Germany and across Italy. EMCO Specializes in Multi-Tasking and Multi Axis Turning and Milling Machines and 5-Axis Machining Centers with installations at leading automotive, aerospace & General Engineering companies in Europe and USA. |
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