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Now that markets are opening up and pent-up demand is buoyant in some categories, the availability of casual workers will help them expand production capacities, the companies said. Most restarted or raised output earlier this month after voluntarily closing or cutting production for over a fortnight due to lack of demand and fewer workers.
New Delhi [India], June 12 (ANI): Automobile lighting major Lumax Industries has reported revenue of Rs 504 crore for Q4 FY21 as against Rs 387 crore in the same period of previous fiscal, marking a 30 per cent increase.
Read more about Lumax revenue up 30% at Rs 504 crore in Q4FY21; revenue drops 11% on Business Standard. Automobile lighting major Lumax Industries has reported revenue of Rs 504 crore for Q4 FY21 as against Rs 387 crore in the same period of previous fiscal, marking a 30 per cent increase
Indias top consumer electronics, smartphone and auto companies are resuming or raising production this week more than a fortnight after they shut plants or scaled-down output for the domestic market as states ease curbs amid a decline in Covid infections.