Lumax Industries has started its commercial production from its new manufacturing facility near Chakan in Pune.
Last year, Lumax Industries planned to expand its manufacturing capacities in Western India on the back of strong order books from some leading OEMs such as Tata Motors and Mahindra & Mahindra, among others.
The company had earlier upgraded its capacity at Sanand.
Lumax Industries has been exploring the feasibility of future expansion in western India, where it expects the EV market to grow significantly as several OEMs are betting on e-mobility solutions.
Deepak Jain, Chairman and Managing Director, Lumax Industries said that the company is in process of “post-capacity optimisation and shifting of idle capacities from one region to another, and we will ascertain the need for a greenfield expansion in the coming months.”
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