Lumax Auto Technologies Ltd., a prominent player in the Indian automotive components industry, has taken a significant step forward in its growth journey with the inauguration of two new state-of-the-art manufacturing plants in Chakan, Pune, Maharashtra. These facilities have been established by IAC International Automotive India, a wholly-owned subsidiary of Lumax Auto Technologies.
This strategic expansion comes with a capital investment of approximately ₹640 million and is expected to enhance the company’s production capacity by nearly 50%, further strengthening its position in the competitive auto components sector.
The new manufacturing units are designed to meet the evolving needs of key Original Equipment Manufacturers (OEMs) in the automotive industry. Among the major clients that will benefit from the enhanced capacity are Mahindra & Mahindra, Maruti Suzuki, Volkswagen, and Volvo Eicher Commercial Vehicles. With this expansion, Lumax Auto Technologies aims to reinforce its commitment to delivering high-quality, reliable, and timely solutions to its OEM partners.
In addition to boosting output, the newly inaugurated plants emphasize technological advancement and environmental sustainability. They are equipped with modern production systems, automation tools, and smart technologies that aim to improve efficiency, product consistency, and operational flexibility. The plants also incorporate eco-friendly processes and energy-efficient systems, underlining the company’s dedication to sustainable manufacturing practices.
Speaking on the occasion, company officials highlighted that the expansion not only aligns with Lumax’s long-term growth strategy but also contributes to the “Make in India” vision by enhancing local manufacturing capabilities and generating employment opportunities in the region.
As the automotive sector continues to evolve with changing consumer demands and regulatory landscapes, Lumax Auto Technologies’ latest investment underscores its proactive approach toward innovation, capacity building, and sustainable industry leadership.