One of the highly acclaimed name among scooter manufacturers in the country
is LML India. LML India has its 30% market share in volume terms with its
popular scooter brand "Supremo".
In monetary terms, the company turnover has grown
from Rs.209.05 crores in 92-93 year to approx. Rs.832.71 crores in Sept '98.
Net sales has declined to around Rs. 648.00 crore in year 2007. It plans to
assist authorized dealers with a WAN (wide area network) and sell spare
parts through the Net. The company is also working Towards setting up five
training schools (one each in Mumbai, Kanpur, Bangalore, Calcutta and
Noida), to train mechanics and service personnel.
In the first phase of 1999, LML India has started with 120 people and hopes
to build up a base of 20,000 trained mechanics over time. Alongside, its
300-dealer strength is to be over 500 soon.
LML Limited is the company that changed the face of scootering in India in
collaboration with Piaggio. Now, this company has entered motorcycle market
in collaboration with Daelim of Korea. LML has just launched whole line of
motorcycles to magnify its freedom. Despite, LML scooters are no longer
branded as Vespa they continue to provide the same high quality scooters
under the LML name. The company has its marketing and exporting network in
various countries like in Italy, UK, USA etc.
LML India production is mainly in the metal body geared scooter with models
like NV Xpress, Star Xpress, Select II, Pulse and the Sensation, which
observed decline in 2006. In order to recover its eminence in the automotive
industry, company has launched two-stroke metal body geared scooters,
comprising two and four-stroke plastic bodied gear less scooters, both in
geared and gear less versions.