SL Lumax plans new facility in India to cater Hyundai Talegaon plant
In an investor update, Lumax Industries Limited revealed that SL Lumax is setting up a new facility in line with Hyundai’s further acquisition of the Talegaon facility.
Lumax Industries stated that SL Lumax continues to be completely dependent on Hyundai and Kia. Hyundai and Kia have very aggressive plans in the Ind