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Engage. Evolve. Excel.

Lumax Auto Technologies Limited

Annual Report 2020-21

About

LUMAX DK JAIN GROUP

Incorporated in the year 1945, the Group is one of the leading manufacturers and suppliers of the Automotive Lighting and Gear Shifters in India.

Over the years, the Group has grown and made a remarkable brand value globally. Today, Lumax-DK Jain Group enjoys a remarkable 75-year-old glorious legacy forged by values and tradition, enduring relationships and great achievements. The Group has continuously used the power of innovation and technology while developing well-sustained operational units to achieve market leadership.

Today, Lumax is a global player in the automotive component space in India, comprising two listed entities Lumax Industries Limited (LIL) and Lumax Auto Technologies (LATL).

Being the leading business house of the Automotive Industry in India, it also enjoys over 3 decades of wellestablished relations with Stanley Electric Co. Limited. It also successfully signed up Joint Ventures with other globally renowned Companies from Germany, Israel, Italy, zJapan, Korea, and Spain.

The Group is committed to ensuring long term growth and sustainability for all its stakeholders. In this journey, Lumax aims to deliver value with trust through its ‘Customer First’ approach.

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TOGETHER WE ARE...

Seven Decade Strong

And a leader in Automotive
Lighting & Gear Shifters

TOGETHER WE ARE...

a Strong Family of 9000 Members

TOGETHER WE ARE...

Present across 33 Manufacturing Facilities

4 R&D Centres (India)
1 Design Centre (Taiwan)

TOGETHER WE’VE EXPANDED TO...

15 Entities

8 States across India

MANAGEMENT’S MESSAGE

DESPITE THE HEADWINDS OF THE PANDEMIC AND OVERALL DECLINE IN TOTAL PRODUCTION OF VEHICLES BY 14% IN FY 2020-21, LUMAX AUTO TECHNOLOGIES SHOWED AN EXCELLENT TRAJECTORY OF EVOLUTION WITH OUR DIVERSIFIED PRODUCT PORTFOLIO, CUSTOMER MIX AND COST MANAGEMENT DRIVE.

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ENGAGE. EVOLVE. EXCEL

WE BELIEVE IN ENGAGING AND COLLABORATING WITH OUR LEADERS ACROSS STAKEHOLDER GROUPS TO FACILITATE CHANGE NECESSARY TO THRIVE IN TODAY’S COMPLEX AND DYNAMIC BUSINESS ENVIRONMENT. IN THE PAST, WE HAVE LEARNT THAT OUR RELATIONS WITH OUR PEOPLE, COMMUNITY, AND OTHER STAKEHOLDER GROUPS HAVE HELPED US EVOLVE AND STAY AHEAD OF THE CHANGING CURVE. STANDING AT A POINT OF INFLECTION, WE ARE OPTIMISTIC ABOUT STRONG MOMENTUM, WHICH WE STRATEGISE TO GAIN THROUGH OUR CONSISTENT EFFORTS AND ENDEAVOURS. AND, IN THIS, WE WILL, AS A TEAM ENGAGE, EVOLVE AND EXCEL IN EVERYTHING WE DO.

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6 + Partnerships
17 MANUFACTURING PLANTS
10,000 + RETAIL TOUCH POINTS
4,000 + HUMAN CAPITAL
30 + YEARS OF AFTERMARKET EXPERIENCE

Environmental

Evolving with our People">Social

Governance