Lloyds Engineering forms joint venture for government elevator tenders

8 Nov 2025 · 16:05 ISTafter close1 source ↓written by the desknot a recommendation

in electrical works: 35-year expertise

Lloyds Engineering Works has approved a joint venture with Techno Industries to create "Techno – Lloyds". This collaboration aims to leverage TIPL's 35-year expertise in electrical works for government elevator projects. The venture's formation hinges on receiving a Letter of Intent from authorities, marking a strategic move in the elevator market.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 8 Nov 2025, 16:05 IST.

Sourcesnews.google.com

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Lloyds Engineering forms joint venture for government elevator tenders

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