Lumax Auto Technologies, India to set up new plant for Mahindra business, launches new products
On August 10, Lumax Auto Technologies’ board approved setting up a new manufacturing plant for its Intelligent Ambient Comfort (IAC) Division at Chakan, Maharashtra, with a capital outlay of around INR 1.56 billion. The project, to be funded through internal accruals, is aimed at catering to new orders from Mahindra ....
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