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LML: All You Need To Know | History & Case Study

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Incorporated as Lohia Machines Private Limited in 1972, the company was engaged in the manufacture of synthetic yarn manufacturing machines.
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, with 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.
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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, with 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.
Connected With Me:-
Product That I Use :
"Fair Use"
Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research.
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