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The Economic Times

Economy / The Economic Times

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IPO-bound Laxyo expands operations in Africa; bags Rs 200-crore order in Zambia

Indore-based Laxyo Ltd has significantly expanded its global footprint by securing a substantial Rs 200-crore raise-boring contract in Zambia. This marks the company's inaugural overseas project in this specialized mining technique, contributing significantly to its order book. The move positions Laxyo among international industry leaders and is a key step in its international growth strategy.

22 Jun 2026 4:27 pm