Breaking News

You are here » Indian-Commodity  :  Corporate  :  Lumax Industries inaugurates lighting manufacturing facility in Gujarat


Lumax Industries inaugurates lighting manufacturing facility in Gujarat

Lumax Industries has inaugurated its 9th lighting manufacturing facility in India at Sanand, Gujarat. The state-of-the-art, automated facility has been setup with an initial capacity of 300,000 car-sets annually, on an area of 7 acres. The plant was setup in record time of 8 months through the concerted efforts of the team and unstinted support from its partners Stanley, Japan and its esteemed customers - Maruti Suzuki India and Suzuki Motor Gujarat.

The company has already invested Rs 100 crore of Rs 120 crore earmarked for this facility, which is expected to commence operations from November 2017. The capex has been funded through internal accruals. This facility is expected to be running at full capacity in FY 2018-19.

This facility shall cater to the requirements of Maruti Suzuki & Tata Motors in the passenger car segment along with Honda'Motorcycle & Hero MotoCorp in the two wheeler space in a phased manner. This plant will also supply the new age LED headlamps and rear lamps for the new generation Maruti Suzuki Swift platform that commences production later this year at the carmakers, Gujarat facility in Mehsana district.

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.

Related News

View all news

Future Consumer raises funds worth Rs 50 crore via NCDs

Future Consumer has raised funds worth Rs 50 crore. The Committee of Directors of the Board of Directors of the company has on October 12, 2018, allotted 500 Senior, Secured, Non-Convertible Debentures......

Cupid bags order worth Rs 7.30 crore from UNFPA

Cupid has received an order worth Rs 7.30 crore from UNFPA to supply Male Condoms to Zambia. The order has to be executed over a period of four months. This is the single largest and the first big order......

Glenmark's arm receives USFDA's final approval for Hydrocortisone Valerate Cream

Glenmark Pharmaceuticals' subsidiary -- Glenmark Pharmaceuticals Inc, USA has been granted final approval by the United States Food and Drug Administration (USFDA) for Hydrocortisone Valerate Cream USP,......

Top News

View all news

Ashiana Housing wins two awards

Ashiana Housing has won two awards. Realty Plus Awards 2018 has felicitated 'Ashiana Umang' as 'Best Themed Project' and the company's website as the 'Best Real Estate Website of the year'.Ashiana Umang......

Tata Power inaugurates second 'All-women' CRC in Mumbai

Tata Power has inaugurated its second 'All Women' Customer Relations Centre (CRC) in Borivali (East), Mumbai, with an aim to continue providing their talented and highly skilled women employees with new......

McLeod Russel hands over specified assets of eight Tea Estates to M K Shah Exports

McLeod Russel India has handed over the specified assets of the eight Tea Estates of the company to M K Shah Exports.Post completion of due diligence by M K Shah Exports (Buyer) and on compliance of the......