Lumax drafts expansion plan

IPO to fund new plant, capacity increases, modernisation and greater stress on research and development.

15 Feb 2007 | 4641 Views | By Autocar Pro News Desk

Lumax Auto Technologies (LATL) has announced a Rs 48 crore plan that will include a new facility in Pantnagar, Uttaranchal and capacity increases and modernisation of existing facilities in Manesar, Haryana; Bhosari, Chakan and Wajuj in Maharashtra. The company has earmarked Rs 23 crore for a new automotive lighting unit ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

Copyright © 2025 Autocar Professional. All Rights Reserved.