Beleaguered two-wheeler maker LML is trying hard to get back on the road to prosperity, reports CNBC-TV18.
The buzz is that Daelim, the company's former South Korean partner, might buy into the Lucknow-based company. Sources say talks between the two companies have been on for about four months now.
LML officials were not available for any comment. Daelim, which was LML's technology partner, makes motorcycles and scooters. An entry into India, which is the world's second largest two-wheeler market, will be important for it.