Lumax 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.