Lumax Auto Technologies Limited, a major player in the Indian automotive components sector, reported remarkable financial results for the second quarter (Q2) and first half (H1) of FY25, showcasing the highest-ever single-quarter revenue figures. Lumax’s strategic business moves, including the planned acquisition of Greenfuel Energy Solutions Private Limited, underpin this robust performance. In Q2FY25, the […]
Lumax Auto Technologies Limited, a leading automotive systems and components supplier in India, has announced its entry into the green and alternate fuels segment by acquiring a majority stake in Greenfuel Energy Solutions Private Limited. This acquisition is seen as a critical step in diversifying Lumax Auto Technologies’ portfolio, aligning with the increasing focus on […]
Lumax Auto Technologies has agreed to create a joint venture (JV) in India with Japanese firm Alps Electric Co. for manufacturing and selling electric devices and components including software pertaining to the automotive industry. The joint venture will be owned equally by the parties. Based in India, Lumax Auto Technologies is an integrated auto component […]
