Lumax Industries secures order worth Rs 60 crore

Lumax Industries secures order worth Rs 60 croreLumax Industries, the flagship company of New Delhi-based Lumax group, has bagged two orders worth Rs 60 crore from Toyota Motors and Honda Motors.

In a separate release, the company has informed that it will set up a greenfield plant for Toyota's small car - code named 800 L - near Bangalore. The plant will be ready by 2010-11.

The company also plans to set up another plants this fiscal at Singur for Tata Motors' Nano, at Pantnagar for Bajaj Auto, Mahindra & Mahindra and Tata Motors.

The total order book of the company stands at Rs 120 crore.

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