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Lumax Group to ramp up production capacity

Friday, 15 Jan 2021
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Lumax Group is planning to expand its production capacities at two key facilities in Gujarat and Haryana in 2021.

The Gurugram-headquartered entity is now finalising the blueprint to match upcoming surge in sales.

Currently, the company supplies to a fleet of car and two-wheeler makers like Tata Motors, Honda Motorcycle & Scooters, Bajaj Auto and MG Motors in the region.

Set up in 2017, Lumax Group had made an initial investment of Rs 120 crore in the Gujarat facility.

Further, its proposed facility at Bawal (Haryana) that got stuck due to the outbreak of the COVID pandemic will be finished in 2021. Focused on producing electronic components, construction work at the Bawal facility has resumed and the plant will be ready by April 2021.

With the addition of Bawal facility, the Group will have 33 facilities across eight states, employing 9,000 staff.

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