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Lumax Industries gets nod to set-up in-house electronic facilities

16 Feb 2019 Evaluate

Lumax Industries has received approval from its board to put up in-house electronic facilities for manufacturing of PCBs (a critical part to lighting systems) for its captive consumption, keeping in view the increased focus on electronic content in the Automobiles, due to request from OEMs. The estimated investment would be to the tune of Rs 75 crore.

The necessary process technology and manufacturing expertise will be provided by JV partner Stanley Electric, Japan who is pioneer in this field. The purpose of this new set up is to keep pace with growing technology demand by OEMs.

Lumax Industries offers a wide array of complete automobile lighting systems and solutions, which includes; stellar quality Head Lamps and Tail Lamps, Sundry and Auxiliary Lamps and other related products.

Lumax Industries Share Price

5570.15 12.40 (0.22%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
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Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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