Indian supplier Lumax Industries to invest USD14.6 million in capacity expansion this year

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Investments

The investment will be made at its Sanand facilities in Gujarat, among others

India-based automotive lighting supplier Lumax Industries plans to invest up to INR1 billion (around USD14.6 million) in the next 12 months to expand manufacturing capacity as well as in future expansion, the company said in a regulatory filing on 27 January.

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