Investment27 Mar 2026, 03:39 pm
Lumax Auto Technologies to Invest Upto Rs. 7 Crores in Lumax Alps Alpine India Private Limited
AI Summary
Lumax Auto Technologies Ltd. has approved an investment of up to Rs. 7 Crores in Lumax Alps Alpine India Private Limited (LAAIPL), a joint venture company. The investment will support LAAIPL's capex/working capital and other general corporate/business purpose requirements. LAAIPL, incorporated in 2021, is engaged in manufacturing automotive power window switches, sensors, and control modules, with a manufacturing facility in Gurugram, India.
Key Highlights
- Lumax Auto Technologies to invest up to Rs. 7 Crores in Lumax Alps Alpine India Private Limited
- Investment to support LAAIPL's capex/working capital and general corporate/business purpose requirements
- LAAIPL incorporated in 2021, manufacturing automotive power window switches, sensors, and control modules
- LAAIPL has a manufacturing facility in Gurugram, India
- Investment to have no major impact on Lumax Auto Technologies