UPDATE 1-Electrolux plans to buy auto parts from India


(Adds quotes, details) 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 over the next three years in a bid to cut costs, it said on Thursday. Electrolux buys materials and parts worth $9.0 billion every year and expected to source 30 percent from developing countries including India, it said in a statement. The parts will be used by its Outdoor Division which ...

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