Showing results for "Lumax"
Lumax Auto Technologies to acquire 75% stake in IAC Group’s India business for Rs 440 crore

autherAutocar Pro News Desk calendar20 Feb 2023

Acquisition to take place at equity valuation of Rs 587 crores.

Lumax opens new technology and design centre in the Czech Republic

By Mayank Dhingra calendar30 Sep 2022

The new centre will be involved in augmenting the company’s engineering competencies in the areas of process developme...

Lumax Industries mulls greenfield expansion in western India

By Shahkar Abidi calendar02 Sep 2022

The company has orders worth over Rs1,000 crore from both car and two-wheeler players, of which 90 percent is from new...

Lumax targets 70 percent localisation by 2024

By Mayank Dhingra calendar18 May 2022

The company will also tap the expertise of its design centre in Europe to cater to the growing penchant of Indian cust...

In conversation with Lumax's Vineet Sahni

By Mayank Dhingra calendar19 Apr 2022

Vineet Sahni opens up about the company's roadmap to tap technology trends in vehicle exterior lighting.

Lumax Auto targets new growth areas with PLI

By Shahkar Abidi calendar18 Apr 2022

The company has received approval for production of some cutting-edge auto component products.

Lumax Auto expects trebling of revenues from proposed PLI investments

By Shahkar Abidi calendar28 Mar 2022

According to the company officials, the market opportunity for new age product introductions which would be regulation...

In conversation with Lumax Industries' Deepak Jain

By Mayank Dhingra calendar21 Feb 2022

He shares his vision of shaping the future of Lumax into a tech-first company amidst all the disruptions, and changing...

Lumax, Asahi Glass in list of 83 auto PLI applications to Heavy Industries Ministry

By Mayank Dhingra calendar10 Jan 2022

Government receives 115 applications for production linked incentive scheme for automobile and auto component industry...

Lumax, Alps Alpine launch premium car audio range, target 30% market share

By Nilesh Wadhwa calendar07 Sep 2021

The organised audio-infotainment market in India is estimated at $80 million (Rs 600 crore) annually with the premium ...