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Lumax Industries, India updates about their upcoming Chakan plant

Lumax Industries announced that their Chakan plant will be commissioned in 2 phases. As per the SOP, Phase 1, will start in Q3 of FY 2024 with an investment outlay of INR 1.75 billion and the capacity would be about 0.5 million vehicles set primarily catering to Mahindra and Tata Motors.  The incremental revenue woul....

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