Lumax Industries is planning to invest Rs 300 crore in next five years. Besides, the company is expecting a 10% growth in revenues in current financial year and estimated to double its turnover to Rs 2,500 crore by FY19 from the present Rs 1,100 crore.
In the past 2 years, the company had invested about Rs 160 crore in its Bawal and Bangalore facilities.
Lumax Industries is a full-capability provider of high quality automotive lighting solutions for Four wheelers and Two wheeler applications, serving automobile manufacturing in India as-well-as worldwide. Lumax strives for continual improvement of manufacturing processes with emphasis on consistent quality and cost effectiveness.
