HOME > BUSINESS > AUTO > India’s Lumax opens design center in Taiwan

India’s Lumax opens design center in Taiwan

lumaxLumax Industries, one of the most prominent automotive lights makers in India, opened a design centre in Taiwan to strengthen its in-house design capabilities and facilitate its expansion in South East Asia.

“The opening of the Design Centre is seen as a strategic step towards Company’s self-reliance initiatives and making designing- cost competitive. The new establishment is a testimony to the close ties between Lumax and its business partnerships with Taiwan that span some 36 years.

“Besides facilitating communication between Taiwanese companies and the Indian headquarters, the well calculated move will serve as Lumax’s springboard for doing business in Japan, South Korea and mainland China in future,” the company said.

Taiwan, though much more costly than India, offers advantages such as an excellent geographic location, comprehensive supply chain, industrial clusters, strong manufacturing technology, a hardworking quality workforce, innovative R&D and management capabilities.

The island nation is known for its innovative companies and has traditionally been a big supplier to Lumax.

Lumax purchases roughly NT$ 350 million from Taiwan’s tooling, machinery and equipment suppliers.

The Design Centre-Taiwan will be an interface with key markets of automotive lighting tool –
makers including China and Korea and Program Management Team of Lumax, Lumax said.

In line with Company’s ongoing business strategy, it has already established a Design Studio and a New Technology Group at its Chakan Plant in Pune, Maharastra, which has become operational successfully.

Lumax has over 3 decades of strong partnership with Stanley Electric Co. Ltd., Japan, a world leader in Vehicle Lighting and illumination products and is one of the major
suppliers to OEM’s including Maruti Suzuki, Mahindra & Mahindra, Tata Motors and Honda cars.

Follow ULTRA.news
Maruti Suzuki Dzire 2017 becomes fastest selling car in India Maruti Suzuki said it sold 1 lakh units of the 2017 Dzire sedan in just five-and-a-half months after it was released, making it the first car ever to do so.Dzire, built over the Swift platform, was initially targeted at those who wanted a roomy sedan with a dicky instead of ...
Booking starts for new model 2017 Maruti Suzuki S-Cross 2017 S-CrossMaruti Suzuki, India's largest car maker, has started taking orders for the 2017 variant of S-Cross, its 'crossover' SUV.Booking can be done for an initial payment of Rs 11,000 at any of its 280 NEXA showrooms, or by logging on to nexaexperience.com.The c...
Maruti Suzuki to rebrand its car showroom network in India After introducing a separate showroom network for its higher-end cars by the name of NEXA, India's largest carmaker Maruti Suzuki said it will not overhaul, transform and rebrand its remaining car showrooms in the country.The Company targets to set up over 80 showrooms under ...
Maruti Suzuki introduces hi-tech workshops under NEXA brand Maruti Suzuki today announced the launch of premium workshops and service centers under its 'NEXA' brand.The first NEXA Service workshop has been launched at Gurugram. NEXA Service will be expanded in phases, and Maruti Suzuki expects that nearly 300 NEXA Service workshops wi...
Mahindra launches fuel-efficient van under Jeeto brand to take on Maruti Suzuki Omni Automaker Mahindra & Mahindra launched a new minivan based on its Jeeto platform, priced at Rs 3.45 lakh before taxes.At the price, the van is likely to appeal to semi-commercial users, such as schools, institutions and shops. The company already has a similar offering on its...
Raymond opens Ethiopia factory to cut costs, easy access to US, EU Textiles and garments brand Raymond inaugurated a garment manufacturing plant in Ethiopia to gain duty-free access to the US and European markets.The plant was set up at a cost of Rs 100 cr and will employ over 2500 people in the first phase. More people will join later, the...
Tata Elxsi signs up top-5 global automaker for driverless car design Tata Elxsi, the Tata Group's design and technology services company, said one of the top five carmakers in the world has licensed its driverless car software for use as part of its research and development in this direction.The test car on Tata Elxsi campusFurther detai...
Despite discounts, Rs 5,000 cr worth of BS-III vehicles unsold Vehicle worth Rs 5,000 cr with BS-III certification could not be sold by the deadline of March 31, the Society of Indian Automobile Manufacturers said today.In addition, it said, the industry sustained a loss of about Rs 1,000-1,500 cr due to the deadline, it said, adding t...
ISRO offers space tech to electric vehicle makers in India Indian Space Research Organization could soon help Indian e-bikes overcome their biggest drawbacks -- low mileage per charge and limited speed.Costing between Rs 35,000-50,000, most of these bikes have a top speed of 25 km per hour and a range of 30 to 50 km per charge.Th...
Transport vehicle drivers, staff to get coverage under ‘third party’ insurance policy The drivers and staff of all vehicles classified as 'transport' will be brought under the definition of 'third party' in third party insurance policies, the finance ministry said today.This will cover buses, vans and other commercial transport vehicles and will be implemented...
Venture Capital firms seek validation for Modi’s policies in UP election BJP leader Uma Bharti at an election rallyPrivate equity and venture capital firms are largely bullish on India in the context of big economic reforms, but are awaiting the results of the ongoing Uttar Pradesh elections to assess the level of popular support that such polici...
We need more buses, not Nanos: Union Minister What India needs are more buses and better public transport and not more cars, said Union Minister of State for Road Transport, Highways & Shipping, Mansukh L Mandaviya.Tata Motors introduced its Nano car within a price bracket of Rs 1.5 lakhs-2 lakhs for middle class...
Infosys invests Rs 14.5 cr in Danish artificial intelligence startup UNSILO Technology services provider Infosys said it made an investment of 14.92 mln Danish kroners in Danish startup UNSILO from its innovation fund.UNSILO is a Danish artificial intelligence startup founded in 2012 and focus on advanced text analysis.It uses a combination of m...
Infosys invests TidalScale, provider of simple supercomputing software Technology provider Infosys said it made investment in TidalScale, a provider of software-defined server.No details about the financial aspects of the investment were made public.TidalScale's offering, in many ways, is the opposite of virtualization. While virtualizat...
Maruti Suzuki sells 1 lakh Baleno in India Maruti Suzuki,the country's leading passenger vehicle maker, said its premium hatchback Baleno had crossed domestic sale of one lakh units.In addition to the domestic sales, 33,800 units of the car were exported across the world including countries like Japan and Europe, said...
BMW Experience Tour hits Daman on 6-7 th October BMW experience tour will be held in Union Territory of Daman on the 6th and 7th of this month.The venue will be Hotel Miramar Lawn Grounds in Devka Beach Road , added the company.Participants will be allowed to test drive and know more in detail about the BMW models, serv...
Hero MotoCorp sets record in monthly two-wheeler sales in September Hero MotoCorp Limited, the world's largest two-wheeler manufacturer, said it clocked the highest ever two-wheelers sales in a single month as sales grew by 11% to 6.74 lakh units in September from 6.06 units last year.With this, Hero MotoCorp has sold 35.6 lakh units of two-w...
Steel Stripes Wheels sees 17% shipment growth in September Steel Stripes Wheels Ltd said it achieved a 17% growth in total rim wheel sales in September from 12.08 lacs to 10.91 Lacs of last financial year.´The tractor and passenger segment did extremely good and are expected to tread the same path in 3rd quarter of this financial yea...
Mahindra & Mahindra raises Rs 475 cr via debentures Automobile manufacturers Mahindra & Mahindra Ltd. said it raised Rs 475 crores via non-convertible debentures on private placement basis with a tenure of 10 years.The face value of the 7.57% debentures are Rs 10,00,000 each.Mahindra & Mahindra is an Indian multina...
Huawei starts manufacturing Honor phones in India China-based Huawei said it will start to manufacture smartphones in India in collaboration with leading Sketch-to-Scale solutions provider, Flex, in October. Starting from first week of October 2016, the Flex manufacturing plant in Chennai will manufacture one of the Honor s...
Maruti Suzuki exports cross 1.5 million cars Maruti Suzuki India, the country's leading passenger vehicle maker, said it has attained cumulative exports of 15 lakh (1.5 Million) from its vehicle exports to over 100 countries including Europe, Latin America and Africa.Early this year the Company’s premium hatchback Balen...
BMW experience tour reaches Kancheepuram this weekend BMW experience tour will be held this weekend in Kancheepuram district of Tamil Nadu from 23rd to 25th of this month.The venue will be Madras Motor Race Tack on NH4  in Mevalurkuppam, added the company.Participants will be allowed to test drive and know more in detail...
M&M seen holding SUV, tractor market share despite rising competition- CRISIL Mahindra & Mahindra Ltd is likely to maintain its market position in its core SUV and tractor markets despite the entry of new competitors, ratings company Crisil said."Cost-efficient operations, development skills, broad product portfolio, and increased production ca...
Jaguar launches second generation Jaguar XF sedan in India at Rs 49.5 lakhs Jaguar Land Rover India launched the new Jaguar XF sedan in five variants starting from ₹ 49.50 lakh (ex-Delhi) in Mumbai.The new Jaguar XF is powered by the new Ingenium 2.0 l 4-cylinder turbocharged diesel engine that delivers a power output of 132 kWand is upto 20 kg l...
BP sells Rs 2,000 cr worth of Castrol India shares in open market Castrol India said its promoter Castrol Ltd sold 4.22 cr of its shares in the market through open sale today.Shares of Castrol India were up 9% at Rs 459.75 today. Castrol is a unit of UK-based BP Plc.With this, the promoter's share in the company has come down from 59.4%...