New Launch7 Nov 2025, 12:37 pm
Lumax Industries to Set Up New Manufacturing Plant in Bengaluru with Rs. 140 Crores Investment
AI Summary
Lumax Industries Ltd. has approved the setting up of a new manufacturing plant at Bengaluru, Karnataka with a capital outlay of around Rs. 140 Crores. The project will cater to new orders received from MSIL and Toyota, with an expected peak annualized turnover of around Rs. 450 crores post commissioning. The project is expected to be commissioned by Q4 FY 2026-27. Additionally, the company's board approved the Un-audited Standalone and Consolidated Financial Results for the 2nd quarter and half year ended September 30, 2025.
Key Highlights
- Lumax Industries to invest around Rs. 140 Crores in a new manufacturing plant at Bengaluru
- The new plant is expected to cater to new orders from MSIL and Toyota
- The project is expected to generate a peak annualized turnover of around Rs. 450 crores post commissioning
- The project is expected to be commissioned by Q4 FY 2026-27
- The board approved the Un-audited Standalone and Consolidated Financial Results for the 2nd quarter and half year ended September 30, 2025