Yokowo's Indian joint venture, Lumax Yokowo Technologies, has opened a new plant and disclosed plans to increase production of automotive communication equipment. The opening is expected to strengthen its production system going forward.
Reporting in detail on the collaboration structure in India, the joint venture between Yokowo and Lumax Yokowo Technologies opened a new plant. The article focuses on the opening and also touches on plans to increase production.
The company has indicated a policy of expanding production capacity at its Indian base, primarily in the automotive equipment field. The new plant is expected to strengthen the supply system for automotive communication equipment.