Lumax Industries plans to set up two automotive lighting plants in two years, senior executive director Anmol Jain said on Friday.
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The first plant is being set up at Sanand in Gujarat to supply Tata Motors’ Nano car and will become operational in the third quarter this fiscal, Jain told Reuters. The second plant will come on line next fiscal year in Bangalore and will supply lighting components for Toyota’s Etios model.
The firm sees 20% growth in sales in fiscal 2011, he added.
