Indian Lakshmi Precision Screws Enters into Joint Venture with German EJOT

Indian automotive and industrial fastener manufacturer Lakshmi Precision Screws Limited has recently signed the agreement with German fastening solution supplier EJOT for a joint-venture company LPS EJOT Fastening Systems Pvt. Ltd.

With LPS’ comprehensive knowledge of the local Indian fastener market and the complementary assistance of innovative technological support and resources for product know-how from EJOT, customers are able to get more superior and instant fastening and fixing solutions in a quick and convenient way. Considering the years of experience in the fastener industry of both sides, Managing Director Lalit Kumar Jain of LPS feels very confident in the bilateral cooperation and further thinks that the high quality service range offered to customers is definitely going to be greatly broaden. Products will be produced in LPS’ plant based in Rohtak (Haryana) and will be sold through a wide range of marketing networks of LPS while EJOT will be in charge of related technical supports.