Hyderabad, January 27, 2017: Lokesh Machines Limited ranked one of the top five Machine Tool Manufacturers in India has entered 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 shortly start 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-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 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.
According to the Director of Lokesh Machines Limited, Mr. M. Sri Krishna “Our technical collaboration for manufacturing, with a global leader will spur our growth momentum substantially. Our emphasis on quality and innovation has always led us to explore new horizons of excellence in every endeavor. Our technological tie up with EMCO Group, Austria, is yet another strong step in the right direction”
Lokesh Machines was incorporated on 17th December 1983 and started commercial operations in 1985 at Hyderabad. Presently the company is operating from five locations in Hyderabad and Pune. Lokesh Ranks among the top Five Machine Tool Manufacturers in the country.
Lokesh Machines Limited holds a leading position in manufacture of Special Purpose Machines (SPM), General Purpose machines (GPM) and Automobile Components. With a predominant marketing presence in India, Lokesh Machines Limited also exports CNC Machines to Japan, Netherlands, Italy, Turkey, China, and Middle East countries. Lokesh Machines specializes in and is afrontrunner in manufacturing CAM and Crank Borers, Fine Borers and Finish Milling Machines. The company’s most recent and commendable achievement is the supply of acomplete range of Special Purpose Machines to Machine Euro VI Compliant Engine Cylinder Blocks and heads manufacturing line to M/s Volvo Eicher Commercial Vehicles Limited. The company is listed on BSE and NSE. The Initial Public Offering IPO of the company was issued in 2007. The company is an ISO 9001 : 2008 & TS 169: 2009 Certified by TUV NORD. With its wide global presence, the company provides direct employment to over 750 employees and indirect employment to over 2000 people.