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Lumax Auto Technologies Limited commenced operations in 1981 manufacturing diverse products catering to the two, three and four-wheeler segments. It has 12 manufacturing facilities across 5 states, 1 R&D centre, multiple product lines, 5 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 has 5 subsidiaries and 2 JVs and the consolidated revenue for the FY17 was Rs 1012 crores.

With the automobile industry constantly undergoing evolution, the organisation focuses on innovation, upgradation of technologies, regular interaction with customers and localisation of plants for supplying critical components to leading automobile companies. It adheres to strict standards of JIPM-TPM, TQM and six-sigma that enables to maintain high quality standards and enhancement of productivity.

The company offers wide range of product and services such as Intake Systems, Integrated Plastic modules, 2-Wheeler Chassis & Lighting, Gear Shifters, Seat Structures & Mechanisms, LED Lighting, Aerospace & Defence Engineering Services, Aftermarket Domestic & Exports and Electrical & Electronics Components among others. In order to provideworld class products and services, the company has collaborated with Cornaglia, Italy, Mannoh, Japan, Gill Industries, USA, Austem, South Korea, Sipal, Italy, Alpine, Japan and Ituran, Israel making it the most trusted brand in all the segments.

Over the years, robust business model and financial prudence has resulted in strengthening fundamentals. During the past three years, organisation's net worth, return on capital employed and free cash flows have increased significantly.Under the GST regime, the company is well poised to take advantage, especially in the aftermarket segment with better products prices and better-quality standards. In future, the partnerships with global players will be crucial in enabling technologies for vehicles as per the BS-VI emission norms. It also plans to take adequate advantage of the government target of achieving 100% electric vehicles sales by 2030, being the first and only manufacturer in the country to supply gear lever to electric cars.

The company will be looking to leverage existing competencies and partnerships along with exploring opportunities for new technical partnerships in specific areas to capitalise on the future opportunities.
 
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