Is LML Vespa available in India?

Is LML Vespa available in India?

Is LML Vespa available in India?

The scooter is available at selected dealerships across the country at a price of Rs. 39,880 for two-stroke KS version, Rs. 45,468 for two-stroke ES, Rs. 39,880 for 4-stroke KS and Rs.

What is LML in LML Vespa?

For a large number of Indians, the mere mention of LML (Lohia Machinery Limited) would bring in loads of nostalgia. LML Vespa was a popular brand in India for a long time and the company sold vehicles in India in partnership with Piaggio and Daelim.

Will LML come back?

The return of LML is being orchestrated by S G Corporate Mobility (SGCM), which acquired the rights to the LML brand in late 2021. The new entity will be known as LML Electric. This company will operate in the space of electric two-wheelers along with Detel, which is also owned by SGCM.

Which country company is LML?

Indian
LML (formerly Lohia Machines Ltd) is a defunct Indian scooter and motorcycle manufacturer formerly based in Kanpur, Uttar Pradesh….Lohia Machinery.

Type Public
Traded as BSE: 500255 NSE: LML
Industry Motorcycle
Predecessor Lohia Machines Ltd
Founded 1972

What happened to LML bikes?

LML (formerly Lohia Machines Ltd) is a defunct Indian scooter and motorcycle manufacturer formerly based in Kanpur, Uttar Pradesh….Lohia Machinery.

Type Public
Founded 1972
Defunct 2017
Fate Insolvent as of 2017
Headquarters Kanpur, Uttar Pradesh , India

Who makes LML scooters?

LML History This they did in 1984, licensing Lohia Machines Ltd (LML) to produce a version of the Vespa based on their PX model, and Andhra Pradesh Scooters Ltd (APSL) to produce a smallframe Vespa using tooling from the 50 Special and V100.

Why did LML fail?

Its simple and subtle design failed to impress the spectators and was discontinued due to unwanted sales graph. This Indian two-wheeler maker has always faced difficulty in pitching its products in the Indian market. The company’s 150.8 cc motorcycle, LML Graptor became a complete failure.

What is the price of Vespa in India?

Vespa Scooters price starts at Rs 1.07 Lakh. Vespa offers total of 10 scooters of which 1 model is upcoming which include Elettrica. The Vespa VXL 150 is the most expensive among scooters of Vespa with a price tag of Rs 1.52 Lakh.