Lumax Ind to set up 2 plants in 2 years-official

Newswire

NEW DELHI, Aug 27 (Reuters) - Lumax Industries plans to set up two automotive lighting plants in two years, Senior Executive Director Anmol Jain told reporters on Friday. The first plant is being set up at Sanand in Gujarat to supply Tata Motors' Nano car and will become operational in the third quarter this fiscal, Jain said. The second plant will come up next fiscal in Bangalore and will supply lighting components to Toyota's Etios model. The firm sees a 20 percent growth in sales in ...

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