Lumax Industries earmarks USD11.3-million investment in FY 2018/19
Company also plans to build a new plant in Gujarat
Indian supplier Lumax Industries plans to spend INR800 million (USD11.3 million) in the current financial year (FY) 2018/19, Deepak Jain, chairman and managing director of the company announced during its first quarter earnings conference call on 28 August.
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