LiuGong India plans Rs 250 crore investment to make India a global sourcing hub

LiuGong India, a subsidiary of Guangxi LiuGong, announced plans to invest Rs 250 crore to strengthen operations and make India a second global sourcing hub after China. Hydraulic excavators and compactors will be exported from India to the Middle East, Africa and SAARC countries.

“We are committed to make in India. Planning to make India as a second global sourcing hub after China for some products for certain international markets.”m.economictimes.com

• 1 source
• m.economictimes.comLiuGong India to invest Rs 250cr, make India sourcing hub - The Economic TimesPTINov 4, 2018

Summarized from public sources; check the original articles before acting on it.