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
Companies & Associations

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

Improvements to Radici's nylon line takes it into more applications

March 27, 2015 9:00 am ET

Radici Group, the Italian-headquartered materials firm, outlined the benefits of its Radilon and Radistrong nylon products at NPE 2015.    More

Image

DuPont exec: Still lots of lightweighting needed in the auto industry

March 23, 2015 6:00 am ET

In that role, Jeffrey Sternberg is responsible for bringing the breadth of DuPont advanced materials — as well as renewably sourced materials...    More

Image

How Faurecia made over a relic

March 23, 2015 6:00 am ET

Everything about Faurecia SA's interior trim plant in Saline, Mich., is big.    More

Image

Magna investing $135 million for new exteriors plant in Mexico

March 18, 2015 5:04 pm ET

Magna International Inc has started construction of a $135 million automotive exteriors manufacturing facility in Querétaro, in central Mexico.    More

Image

Auto supplier Visteon seeking new CEO

March 17, 2015 10:04 am ET

Visteon Corp. said Monday CEO Tim Leuliette will step down by the end of the year.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events