Lumax Auto Technologies, JOPP sign agreement to form JV Company
12th Apr 2019

Lumax Auto Technologies has entered into Joint Venture (JV) with JOPP, Germany to manufacture and supply transmission products to the Indian automotive industry. Under the JV, both the partners will hold an equal 50% share in the new entity to be named ‘Lumax JOPP Allied Technologies’.

While JOPP will bring the world class technology for its products to JV, Lumax will provide its 7 decades' rich experience towards management of the JV in India. Focus of JV is towards self-reliance in technology & establish a state of art Research and development (R&D) centre in India along with manufacturing operations.

Lumax Auto Technologies has carved its strong position in automotive parts like sheet metal parts, fabricated assemblies, tubular parts, for two wheeler and three wheeler industry. They operate in two segments, namely Automotive Parts and Trading of Motor Adjusters.