Textile machinery major Lakshmi Machine Works (LMW) and Rieter have ended their joint venture (JV) in the country. The split come soon after the government scrapped a clause where foreign companies ...
Coimbatore-based textile machinery manufacturer Lakshmi Machine Works (LMW) will acquire Rieter's shares in Rieter-LMW Machinery Ltd. (RLM), a 50:50 EoU (export oriented unit) joint venture between ...
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