Omax Auto announces closure of two plants in India
On August 27, Omax Auto announced that its board of director approved closure of manufacturing units situated at Bawal, Haryana and Bommasandra, Bangalore, Karnataka.
Due to continued sub-optimal revenues and losses for last many years, commercial viability of these plants is not feasible.
Both plants will be clos....
Due to continued sub-optimal revenues and losses for last many years, commercial viability of these plants is not feasible.
Both plants will be clos....
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