India's Lumax sets up plant to serve motorcycle OEMs

By Satnam Singh
Correspondent

Published: October 23, 2012 6:00 am ET

Related to this story

Topics Automotive

NEW DELHI (Oct. 23, 1:30 p.m. ET) — Automotive lighting solution company Lumax Industries Ltd. is setting up a dedicated plastic component plant to cater the motorcycle industry in the southern part of India.

The plant is in Bidadi, near in Bangalore.

“We are setting up a plant with an investment of about US$20 million (INR 100 crore) at Bidadi to cater the motorcycle segment,” said Anmol Jain, senior executive director, in an interview with Plastics News at the National Conference on the Auto Component Industry in New Delhi.

“Initially, the Bidadi unit would cater the motorcycle segment but we are open to other forms of transportation like car or trucks at a later stage,” he said.

The plant is strategically located as the region is part of the expanding hub in southern India with global car and truck OEMs like Toyota Kirloskar, Mahindra Reva Electric Vehicle and Scania Commercial Vehicles.

The Lumax plant will cater to the third Honda Motorcycles and Scooters India plant near Bangalore.

“The plant would manufacture 30 different parts for multiple motorcycle models right from fender to cowl,” Jain added.

Production at the HMSI plant will start by the first half of 2013 and have capacity of 1.2 million units annually.

Lumax will import machinery from ASEAN countries.

Lumax is based in New Delhi and has six plants in India.


Comments

India's Lumax sets up plant to serve motorcycle OEMs

By Satnam Singh
Correspondent

Published: October 23, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Illinois injection molder expands

July 21, 2014 1:23 pm ET

Automotive supplier All-Rite Industries Inc. has added two new injection molding machines to its operations.    More

Image

More head-up displays going into cars, with improved information, graphics

July 21, 2014 10:48 am ET

Head-up displays with "augmented reality," the technology that employs much of the windshield as a display area for data and images, is poised to...    More

Image

This is one bump that looks good on a car

July 18, 2014 1:34 pm ET

PSA Peugeot Citroen Group is using plastic for both design and protection on the exterior of one of its newest cars.    More

Image

New Smart cars start production

July 18, 2014 10:46 am ET

Daimler AG has launched new versions of its Smart ForTwo and ForFour city cars, which, as in previous models, make extensive use of plastics in...    More

Image

Continental Structural Plastics buying 5 Magna SMC plants

July 17, 2014 4:35 pm ET

Automotive and construction supplier Continental Structural Plastics has signed an agreement to buy five sheet molding compound facilities from the ex...    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events