# Lokesh Machines signs MoU with AMTDC, IIT Madras for machine tool development

Lokesh Machines Limited entered into a Memorandum of Understanding with Advanced Manufacturing Technology Development Centre, IIT Madras on November 21, 2022, to develop critical technologies such as the Rotary Drive Unit for the Milling Head and Integrated Milling Spindle for 5-axis machine tools.

- Type: Partnership
- Announced: 2022-11-21
- Where: Chennai, Tamil Nadu, India
- Status: announced
- Products: Rotary Drive Unit for Milling Head, Integrated Milling Spindle, 5-axis machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Lokesh Machines Limited](https://endata.com/companies/16039.md)
- [Advanced Manufacturing Technology Development Centre, IIT Madras](https://endata.com/companies/66795.md) (partner)

## Sources

- [indiainfoline.com](https://www.indiainfoline.com/news/markets/lokesh-machines-inks-mou-with-amtdc-iit-madras), 2022-11-22: "The MOU calls for the development of critical technologies such as the Rotary Drive Unit for the Milling Head and the Integrated Milling Spindle, which will replace critical imported technologies required for the development of 5-axis machine tools."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
