Lumax Auto: On A Growth Track
Autocar Professional explains how Lumax Auto Technologies achieved its target of tripling its revenue in five years, and is well on its way to cross the $1 billion milestone by 2030.
By Shahkar Abidi
4647 Views
Five years ago, as the world grappled with the shockwaves of the COVID-19 pandemic, automotive supply chains struggled to cope with the mega disruption caused to their logistical arrangements. Meanwhile in Gurugram, the leadership team at Lumax Auto Technologies was thrashing out the answer to a very different question: How can it achieve scale in an increasingly competitive market over the coming decade?
At the time, Lumax Auto Technologies, a supplier of auto components such as lighting systems, two-wheeler chassis, and transmission products, had revenue of around Rs 1,100 crore, with nearly half of it—Rs 500 crore—originating in its ...
RELATED ARTICLES
Why Women-led Factory Floors Make Business Sense
Anurag Chaturvedi
12 Mar 2026
As the industry shifts from muscle to precision, all-women factory floors are emerging not just as a statement of intent...
Inside Three-Pointed Star's Global EV Rethink and Why the CLA Matters More Than It Seems
Ketan Thakkar
06 Mar 2026
After years of building EVs under a separate identity, Mercedes-Benz is folding electric models back into its core brand...
Why India’s CBG Revolution is Stuck in Neutral
Arunima Pal
05 Mar 2026
Seven years after a bold promise to build 5,000 plants, India’s compressed biogas sector is struggling to move past the ...
