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 icon3543 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
In Conversation with Lumax Auto Technologies' Anmol Jain

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
Pune Session - InnerCircle: a CXO Roundtable

auther Autocar Pro News Desk calendar10 Apr 2024

The roundtable brought together the most renowned CXOs from the Bengaluru startup space to deliberate upon the challenge...

In Conversation with Autodesk's Detlev Reicheneder

auther Autocar Pro News Desk calendar05 Apr 2024

The senior executive of the American software solutions giant stressed on the importance of technology such as AI in ena...

Bengaluru Session | InnerCircle: a CXO Roundtable

auther Autocar Pro News Desk calendar03 Apr 2024

The roundtable organised by Autocar Professional in association with Autodesk brought together the most renowned CXOs fr...