(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 ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Electrolux plans to buy auto parts from India" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.