Lokesh Machines Receives License to Manufacture Heavy Machine Guns

Introduction: A New Chapter for Lokesh Machines

Lokesh Machines Limited, a Hyderabad-based manufacturing company, has recently been granted a prestigious license from the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. This license allows the company to manufacture fixed and towed heavy machine guns with calibers ranging from 12.7mm to 30mm, under the Arms Act, 1959.

Significance of the License

This approval is a pivotal development for Lokesh Machines, marking its entry into the defence manufacturing sector. Expanding into the production of heavy machine guns is not only a step toward broadening its product portfolio but also demonstrates the company’s capabilities to contribute to India’s defence industry.

Commercial Production of Small Arms: Leading the Private Sector

On the defense front, Lokesh Machines earlier received a license for the commercial production of small arms from the Ministry of Home Affairs (MHA). The company has already dispatched approximately 100 weapon sets to elite forces such as the National Security Guard (NSG), Assam Rifles, and other key agencies like DRDO and SAF. Lokesh Machines is proud to be the first private sector company in India to indigenously manufacture and supply small arms to these elite forces. In its first year of commercial production, the company has already secured six marquee clients, a testament to its growing influence in the defence sector.

Impact on the Company’s Growth

By venturing into the defence sector, Lokesh Machines is poised to take advantage of the government’s focus on promoting indigenous defence manufacturing. This strategic move will enhance the company’s market positioning and open doors to new opportunities in both domestic and international defense markets.

A Boost to India’s Defence Industry

This development aligns with India’s ‘Make in India’ initiative, which encourages domestic companies to manufacture defence equipment, reducing the nation’s reliance on imports. Lokesh Machines’ entry into the production of heavy machine guns reflects the growing potential of the private sector in contributing to national defence.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.