In Conversation with Lumax Auto Tech's Vikas Marwah
Lumax Auto Technologies, a subsidiary of the Lumax-DK Jain Group, is eyeing 15% revenue growth in FY25 with an aim to defy the single-digit industry growth anticipation.
06 Nov 2024
4563 Views
Share -
Vikas Marwah, CEO, Lumax Auto Technologies
Lumax Auto Technologies, which is a key player in the area of gear shifters, transmission products, intake systems, and telematics, and vehicle interior products, among others, is aiming for a 15% year-on-year growth in FY25 and defying the single-digit industry growth outlook.
The company, which is a key supplier to prominent OEMs in India across the two- and three-wheeler, as well as the four-wheeler and commercial vehicle segments, offers several lightweight solutions, including advanced polymers and plastics.
In this interview, Vikas Marwah, CEO, Lumax Auto Technologies, talks about the growth outlook for FY25, and shares his optimism on EVs despite the ongoing slowdown which "does not appear to sustain in the long-term."
VIDEO:
RELATED ARTICLES
'Our R&D is focused on developing fuel-agnostic vehicles': Ganesh Mani
Autocar Professional Bureau
30 Apr 2025
As the transition towards sustainable transportation picks pace, CV major Ashok Leyland is ready with a range of fuel-ag...
'India to get more brands from Stellantis': Shailesh Hazela
Autocar Professional Bureau
28 Apr 2025
With Leapmotor on the anvil, India will continue to play a key role in the global roadmap of Stellantis, which aims to l...
'Close to 50% cars sold in India will be electrified in the future': R Velusamy
Autocar Professional Bureau
26 Apr 2025
With hybrids and EVs gaining momentum amidst the drive towards net-zero carbon emissions, electrified powertrains are se...
