Lumax-DK Jain group opens a Technology Centre for Design & Development for automotive lighting in Czech Republic
Lumax Industries Limited, a leading Indian manufacturer of automotive lighting systems for the Indian automotive industry, having equity partnership with Stanley Electric Co., Japan has inaugurated an advanced lighting technical centre in the Czech Republic today, through its wholly owned subsidiary Company namely Lumax Industries Czech s.r.o., located in the CTPark industrial zone in Ostrava-Hrabová, Czech Republic. This is the company’s first Technology Centre in Europe.
The aim of the Lumax European Technical Centre (LETC) is to provide future and advanced technological development of automotive lighting solutions for the Indian market. At the inauguration, Mr Deepak Jain, Chairman & MD, Lumax Industries Limited, said, that “the key purpose of LETC will be to develop leading edge automotive lighting technologies and adapt them for the Indian market. We have found Czech Republic to be an ideal ecosystem for innovation and new technology development.”
Mr Vineet Sahni, CEO & Senior Executive Director, Lumax Industries Limited, added: “In India, OEMs are collaborating with design centres in Europe, so LETC will be a gateway for them to help in communication and in accelerating the vehicle development process.”
In addition to the development of the technologies themselves, the LETC will be involved in enhancing engineering competencies. This includes activities related to engineering development processes, the creation of custom engineering tools and software as also training and skill development.
“Specifically, this includes the design of optics, electronic hardware or software for automotive lighting, including various CAE analyses and simulations. We will be particularly focused on electronics and software development, which are clearly the main building blocks of future automotive lighting technologies,” describes Todd C. Morgan, Chief Technology & Innovation Officer, Lumax Industries Limited.
Currently, LETC has 15 employees, which will be further strengthened over time with mainly highly skilled engineers, designers and programmers.
Mr Anmol Jain, Joint MD, Lumax Industries Limited further added, “New business opportunities may bring further expansion of the Czech Republic team. Ostrava and its surroundings are a key place for us to find new talent in the automotive lighting industry. There is a great and renowned technical university VŠB-TU Ostrava, with whom we plan to establish closer cooperation, for example in the area of thesis assignments or internships for students.”
Source : Equity Bulls
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