Lumax Industries Limited has been a leader in the automobile lighting industries for the past three decades. It offers a wide array of complete automobile lighting systems and solutions and accounts for more than 60% of the market share. It has collaborated with Stanley Electric Company Ltd, Japan, a global leader in vehicle lighting and illumination solutions and SL Corporation, South Korea, a multinational automotive component manufacturer to deliver stellar quality products. The company went public in the year 1984 and had a standalone revenue of Rs 1,851 crore and PAT of Rs 107 crore for the FY19. The company has 11 manufacturing facilities, 2 R&D center and 1 overseas design centre providing competitive advantage in lighting solutions.
Lumax Auto Technologies Limited commenced operations in 1981 manufacturing diverse products catering to the two, three and four-wheeler segments. It has 14 manufacturing facilities across 5 states, 2 R&D centre, multiple product lines, 7 international partnerships and a pan-India marketing presence, making it one of the leading integrated auto components manufacturers in India. With over three decades of experience in manufacturing automotive components for leading Original Equipment Manufacturers (OEMs) and the aftermarket segment, the company is a leader in the automotive gear shifter technologies being the only one in the country having the competencies to manufacture and supply gear lever for electric cars. The company also manufactures 2-wheeler lighting, 2-wheeler chassis, intake systems, integrated plastic modules, oxygen sensors, seat structures and telematics products and services. The consolidated revenue for the FY19 was Rs 1358 crores.
Established in 1981, Lumax Ancillary Limited is part of Lumax DK Jain Group. The company has made a name for itself in the list of top suppliers of Wiring Harness in the Indian automotive industry over the years.
Lumax Auto Technologies Limited and Mannoh Industrial Co. Ltd., Japan formed a joint venture 'Lumax Mannoh Allied Technologies Limited' to design and manufacture complete gear shift lever systems for manual, automatic, AMT and CVT transmissions in India. With complete local designing and testing capability in India, the company is well equipped to design advanced technologies in India to maintain cost competitiveness and give optimum benefit to its customers.
In 2007, Lumax Auto Technologies Limited started a 50:50 joint venture with Cornaglia Group of Turin, Italy to develop world class automotive emission systems. Over the years, the company has been supplying to Tata Motors, Bolks Wagen and Fiat among others. The major products manufactured are Air Intake Systems, 3D blow moulding – Intake ducts, CAC ducts and fuel filler pipes, and also has capabilities for Lightweighting & Emissions such as Urea Tanks, Plastic Oil Sumps, etc. Its JV partner brings pioneering technology in industrialisation of 3D Blow Moulding technology for Intake ducts, CAC ducts – high significance from Emissions perspective, and overall durability and weight reduction. It has the capability to supply complete vehicle emission systems to OEMs in four-wheeler and commercial vehicle categories.
Lumax Auto Technologies Limited and Gill-Austem collaborated for 50:50 joint venture in the year 2013. The venture has been formed to manufacture Seat Frames, Structures and Mechanism. Lumax partnered with Gill-Austem which is also a partnership between Gill Industries, USA and Austem, South Korea.
Lumax Auto Technologies Limited, India and Ituran Location and Control Ltd, Israel entered a joint venture (JV) agreement for sale of telematics products and services to the Indian automotive industry. The new JV company, “Lumax Ituran Telematics Private Limited” will tap into the large market, which currently has low penetration of advanced telematics technology. According to the agreement, Lumax Auto Technologies will own 50% of the joint venture, with Ituran owning the remaining 50%.
Lumax Auto Technologies Limited established a joint venture with Francisco Albero S.A.U., (FAE) Spain to manufacture and supply Oxygen Sensors to the Indian automotive industry. Lumax Auto Technologies own the 51% of the joint venture company, "Lumax FAE Technologies Private Limited", with FAE owning the remaining 49%. The JV company will make an initial investment for an installed capacity of 2 million Oxygen Sensors, and the production is expected to commence from early 2019. With this move, Lumax FAE Technologies Private Limited will be a key supplier for technologically advanced, innovative & affordable Oxygen Sensors (O2) for the India market, with further scope for expanding the product line.
Lumax DK Jain Group company, Lumax Auto Technologies Limited announced its joint venture with JOPP, Germany to manufacture and supply transmission products to the Indian automotive industry. Under the Joint Venture, both the partners will hold an equal 50% share in the new entity to be named Lumax JOPP Allied Technologies. While JOPP will bring the world class technology for its products to joint venture, Lumax will provide its 7 decades’ rich experience towards management of the JV in India. Focus of JV is towards self-reliance in technology and establish a state-of-the-art R&D centre in India along with manufacturing operations. The JV will engage in design, development and production of Gear Shift Towers, Automated Manual Transmission (AMT) Kits, All Gear Sensor (AGS) and Forks to start with. Commercial production is expected to begin in Q4 of FY 20 from an existing Lumax facility in Manesar, Haryana.