In Conversation with Lumax Auto Technologies' Anmol Jain

Anmol Jain, managing director, Lumax Auto Technologies, talks about how the company is bullish about its prospects in the passenger- and commercial vehicle segments.

Autocar Pro News Desk By Autocar Pro News Desk calendar 20 Mar 2023 Views icon3668 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

After acquiring a majority stake in IAC India, Lumax Auto Technologies aims to tap into operational and customer synergies to transition into a systems supplier. It also aims to leverage IAC India's engineering strength to co-develop new products.

A market leader in gear shifters, Tier-1 automotive lighting major Lumax Group subsidiary, Lumax Auto Technologies (LATL), has acquired a majority 75 percent stake in IAC India which is a key supplier of interior parts such as instrument clusters, consoles and door trims. LATL aims to leverage synergies between the two companies which are fundamentally operating in the area of plastics, and eyes tapping into operational, customer and sourcing synergies to seamlessly integrate the two businesses and transition to being a systems supplier. 

In this conversation, Anmol Jain, managing director, LATL, talks about how the company is bullish about its prospects in the passenger- and commercial vehicle segments after this inorganic partnership which will enable it to tap into upcoming megatrends.

RELATED ARTICLES
'We have lots to catch-up in terms of CV safety norms in India': Satyakam Arya

auther Autocar Pro News Desk calendar31 May 2023

With a dominant 80 percent share of unsafe, cowl-based trucks in the market, the need for reforms in India's regulatory ...

In Conversation with Towards Zero Foundation's David Ward

auther Autocar Pro News Desk calendar27 May 2023

With NCAPs being ahead of regulations when it comes to vehicle safety, Ward suggests how the proposed Bharat NCAP regime...

'Skoda aims to bring Enyaq in FY24 to India': Petr Solc, Brand Director, Skoda Auto India

auther Autocar Pro News Desk calendar09 May 2023

He also spoke on how Skoda would like to bring back the Superb model.