Indian Army Awards ₹17 Crore Contract To Lokesh Machines For The Supply of ‘Mod Kits’ For 7.62mm MMG

The Indian Army has awarded a ₹17 crore contract to Hyderabad-based Lokesh Machines, a company currently under US sanctions, for the supply of ‘Mod Kits’ for the 7.62mm Medium Machine Gun (MMG).Lokesh Machines, founded in 1983, is a well-established manufacturer of CNC machines and has expanded into small arms manufacturing, notably developing the indigenous submachine gun Asmi for the Indian
The Indian Army has awarded a ₹17 crore contract to Hyderabad-based Lokesh Machines, a company currently under US sanctions, for the supply of ‘Mod Kits’ for the 7.62mm Medium Machine Gun (MMG).Lokesh Machines, founded in 1983, is a well-established manufacturer of CNC machines and has expanded into small arms manufacturing, notably developing the indigenous submachine gun Asmi for the Indian
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