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LML India

India is one of the main drivers of the world economy. Recent study shows that in the next 10 years to come, automobile industry will be the main economy driver in India.

This brings about one of the automobile companies that have risen to success in that region.

LML is a very highly recognised name when it comes to manufacturing scooters. More than 60% of people in India rely on scooters for their daily transportation and duties.

This makes LML India, a company that has more than 30% of the Indian stock market share in volume terms just with one of its mostly used brand of scooter known as the Supremo. Just within the years of 1992 and 1992, LML’s monetary terms grew with a turnover from 209 Rupees to a whopping 830 Rupees.

With that, LML has always planned to aid to participate and work closely with the small and medium enterprises dealers in order to sell its spare parts all over the world.

LML operates in major cities in India and has its own training school situated in the capital city, which is also a central city hub, New Delhi. It has also plans to expand its training schools to train mechanics and other service personnel to other cities such as Mumbai, Bangalore and Noida.

Overview Of LML
During the first phase of 1999, it started with only 120 people on board. The company has high hopes of expanding its base to more than 20,000 skilfully trained mechanics. Throughout its existence, this automobile company India has changed the view of how scooters are used and perceived throughout India.

Its collaboration with Piaggio has strengthened that action further. Deals continue to be built with other foreign companies in Asia such as Daelim in Korea to expand the motorcycle market worldwide. The company extended that idea by reaching to and marketing and exporting to countries such as Italy and the UK.

Mr. Deepak Singhania, the executive chairman of the company has built a strong empire not only for himself, but for the country, India as well. It is no surprise that it has the leading 2 and 4 stroke metal body scooters in the world.

LML continues to wrestle with other multi-metal companies in India and TATA for the right to be a recognised force in automobile industry. Lastly, he says that the new LML scooters out of production will revolutionize the way people live, work and play.


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