NEW DELHI, July 23 (Reuters) - India's fourth biggest motorcycle maker, LML Ltd, will spend 1.25 billion rupees this fiscal year to double its annual capacity to 400,000 bikes to meet growing demand, its managing director said on Wednesday. The loss-making company, which had a revenue of 5.75 billion rupees in the past fiscal year to March 2003, said the expansion would help it double sales this year to more than 240,000 bikes. LML has nearly a six percent slice of the domestic market, ...
Premium Content (PAID Subscription Required)
"Indian LML aims to double motorbike capacity, sales" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642