Plans to invest Rs 300 crore in next five years
Lumax Industries announced that the Company marked its silver jubilee milestone of listing on the BSE with a bell ringing ceremony at the stock exchange and its strong partnership with Stanley Electric Co, Japan for the last 30 years.The Company celebrates the milestone with the launch of TPM ( Total Productive Maintenance) drive at Bawal, Dharuhera and Chakan plants.
The Company has plan to invest Rs 300 crore in the next five years, keeping in view the present order book. It has already invested Rs 160 crore in its Bawal and Bangalore facilities over the last 2 years.
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