India-based supplier Lumax says order book grows fourfold compared to pre-COVID-19
Localization increased from 20% to 50% and expects to achieve 100% in the next three years
Lumax Group said the company’s greenfield electronics plant in Bawal, Haryana, India has achieved strong growth growing four times when compared to pre-COVID-19 levels, the Economic Times reported on 9 April.
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