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 | 4566 Views | By Shahkar Abidi
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 ...
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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."
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