Stocks

Lumax set to start PCB production from April 1

| Updated on March 27, 2019 Published on March 28, 2019

2010032850351101

 

Lumax Industries has decided to commence in-house manufacturing of PCBs for lighting components from April 1. The board has also approved the purchase of machines required for manufacturing the PCBs from Lumax Auto Technologies for ₹16 crore. Lumax Auto had earlier said that it is in the process of making an impact assessment following Lumax Industries’ decision to manufacture on its own. Shareholders of both firms will monitor the development closely.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on March 28, 2019
This article is closed for comments.
Please Email the Editor