Gunjan D. Bidani Magnesium-based lightweight solution provider, Lite Auto Components, part of Hindustan Magnesium, recently signed a MoU with AP Economic Development Board (APEDB). As per the MoU, the company will set up a manufacturing facility with an estimated valuation of Rs.500 crore, spread over a 15 acre land parcel in Andhra Pradesh. The new facility once commissioned, is expected[Read More…]