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Lumax Auto Technologies to set up JV with Jopp Holding JmbH, Germany

Capital Market 

has signed a Agreement with JmbH, for and sale of the Automotive components such as (Mannual & Automated)/ Under the Joint Venture, both the partners will hold an equal 50% share in the new entity to be named Lumax JOPP While JOPP will bring the world for its products to joint venture, Lumax will provide its 7 decades' rich experience towards management of the JV in Focus of JV is towards self-reliance in technology & establish a state of art R&in along with operations.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 12 2019. 09:35 IST