'We want to grow with Japanese excellence and German innovation in transmission systems'

Lumax Auto Technolgogies which has a dominant market share in gear-shift levers aims to become a full-systems supplier in the transmission-product domain with its collaboration with Germany's Jopp to localise gear-shift control towers in India.

By Mayank Dhingra calendar 08 Aug 2023 Views icon3826 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

Lumax Auto Technologies (LATL) - the non-lighting arm of the Lumax DK Jain Group is eyeing to transform into a full-systems supplier in its flagship gear-shift selector business with its partnership with Germany's Jopp to expand its offerings into the gear shift tower space. 

The company aims to capture a 20 percent share of the car- and SUV market in the country by 2025, with a claimed orderbook of 500,000 gear shift towers. Vikas Marwah, CEO, LATL, talks about the company's future technology roadmap, with a considerable shift towards automatic transmissions. 

Marwah also showcases LATL's confidence in the potential of the Indian market and the company's readiness with enough capacity to cater to the growing demand from the PV and commercial vehicle segments. The company is planning expansion with a new plant in Pune to cater to demand for gear-shift selectors. 

Dassault Systemes-Capgemini ADAS Webinar 2023

auther Autocar Pro News Desk calendar23 Sep 2023

While Advanced Driver Assistance System (ADAS) features are increasingly being introduced in new vehicles, their develop...

'Industry must seize government's favourable EV policies': Santosh Iyer

auther Autocar Pro News Desk calendar20 Sep 2023

The company MD talks about how the company expects to see a marked growth in its EV penetration from 4-5 percent in the ...

'A mindset shift is fueling growth of the ultra-luxury segment': Rajan Amba

auther Autocar Pro News Desk calendar15 Sep 2023

Jaguar Land Rover India is bullish about the demand in the ultra-luxury segment and has registered an 88 percent uptick ...