The Indian Commercial Vehicle sector is very swiftly adopting international standards towards sustainability, SIAM President Vinod Aggarwal said on Thursday. Aggarwal, who is also the MD & CEO of VE Commercial Vehicles Ltd, made the remarks at the second edition of the CII Indian Commercial Vehicle (CV) Conclave held here on Thursday. “The Indian Commercial […]
Tag: Deepak Jain
Lumax Auto Technologies Signs Pact To Acquire Majority Stake In IAC International Automotive India
Lumax Auto Technologies on Monday said it has signed an agreement to acquire a majority stake in IAC International Automotive India from the International Automotive Components Group at an equity valuation of Rs 587 crore. As part of this deal, 75 per cent of the stake will be bought through SPV (acquisition vehicle) at Rs […]