Lloyds Engineering has manufacturing facilities in Murbad, Thane, Nagpur, and Bhilai, with its headquarters in Mumbai
Lloyds Engineering Works Ltd (LEWL) has incorporated a wholly-owned subsidiary, Lloyds Advance Defence Systems Ltd, to enter the defence manufacturing sector. The Mumbai-based engineering firm has established the dedicated entity to focus on defence equipment manufacturing, aiming to capitalise on the sector’s growth potential. The subsidiary will leverage LEWL’s manufacturing capabilities, while ensuring specialised compliance with defence sector requirements.
LEWL has secured multiple technology partnerships to support its defence vertical. The company has signed agreements with FlyFocus Sp. z o.o. of Poland for advanced First Person View (FPV) drones, complementing its existing “Defender” drone programme. For marine applications, LEWL has partnered with Kliver Polska Sp. z o.o., also from Poland, for designing towed reels and underwater platform equipment.
Additional partnerships include an agreement with Italy’s Virtualabs S.r.l. for radar technology development, and a collaboration with Fincantieri S.p.A for naval systems, including steering gear and fin stabilisers.
Incorporated in 1994, LEWL manufactures customised process plant equipment for the steel, oil and gas, thermal power, and marine sectors. The company operates manufacturing facilities in Murbad, Thane, Nagpur, and Bhilai, with its headquarters in Mumbai.
The shares of Lloyds Engineering Works Ltd (LEWL) ended at ₹52.25 on the NSE today, down by ₹1.70 or 3.36 per cent.
Published on December 12, 2025
