Lumax Auto plans $16.4 million investment in new production facility in India
The facility will be operated under the company’s Intelligent Ambient Comfort division
Lumax Auto Technologies Ltd. has approved a 1.6 billion rupees (about $16.4 million) capital expenditure plan to set up a manufacturing plant in Chakan, Maharashtra, India, to supply components to local customer Mahindra & Mahindra, according to a report by Autocar Professional.
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