Lumax Industries commences operations from new facility in Pune
Autocar Professional had reported in September last year, that Lumax Industries plans to expand its manufacturing capacities in Western India on the back of strong order books.
Lumax Industries, a key supplier of lighting products to the automotive sector, has commenced its commercial production from its new manufacturing facility near Chakan in Pune, the company said in a regulatory filing.
Autocar Professional had reported in September last year, that Lumax Industries plans to expand its manufacturing capacities in Western India on the back of strong order books from some leading OEMs such as Tata Motors and Mahindra & Mahindra, among others. The company had earlier upgraded its capacity at Sanand.
Lumax Industries has been exploring the feasibility of future expansion in western India, where it expects the EV market to grow significantly as several OEMs are betting on e-mobility solutions.
Deepak Jain, Chairman and Managing Director, Lumax Industries, earlier told Autocar Professional that the company is in process of "post-capacity optimisation and shifting of idle capacities from one region to another, and we will ascertain the need for a greenfield expansion in the coming months."
RELATED ARTICLES
As E-Shifters Gain Traction, Lumax Secures SOP for 3 Platforms to Ride 50:50 Market Shift
Lumax Auto Technologies expects shift-by-wire gear selectors to account for half of India’s automatic shifter volumes by...
Weekly News Wrap: Ethanol Policy Push, Maruti’s SUV-Hatchback Bet, BYD’s Hybrid Entry and Auto Suppliers’ Capex Revival
The week saw policy support for higher ethanol blends, ambitious production plans from Maruti Suzuki, fresh product move...
India's Auto Market Hits Record High, But One Company Drove 60% of Growth
Passenger vehicle dispatches reached an all-time high for May as SUVs drove growth, while Maruti Suzuki strengthened its...


06 Nov 2023
13719 Views
Shahkar Abidi

Autocar Professional Bureau