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NEOLITE KEEN TO TAP US MEGA STORES (Ikea sources about 50 percent of its export unit's production).

Asia Africa Intelligence Wire

| June 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From India Business Insight)

Neolite Industries of Delhi is an automotive lighting company. It is negotiating with stores in the US to supply lighting products directly from its Noida plant.

The company plans to set up a plant in Pune to cater to customers in the western region such as Tata Motors, Piaggio and Mahindra and Mahindra. It will also consolidate its plants located around Delhi.

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