Electrolux plans to buy auto parts from India

Newswire

NEW DELHI, Nov 20 (Reuters) - Sweden's AB Electrolux, the world's biggest home appliances maker, plans to buy auto parts worth 10 billion rupees ($218.5 million) from India, it said in a statement on Thursday. Electrolux buys materials and parts worth $9.0 billion every year and expects to source 30 percent from developing countries including India. The auto parts will be used for its garden and forestry equipment such as chain saws, riders, lawn mowers and tractors. ($1 = 45.75 rupees)

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