# Lumax Group allocates Rs 250 crore capex for new plant and expansion

Lumax Group is investing Rs 250 crore in capital expenditure to set up a greenfield electronics plant in Bawal, Haryana (Rs 100 crore) and expand capacity at its Sanand plant in Gujarat from 3 lakh to 5 lakh units (Rs 80-100 crore).

- Type: Investment
- Announced: 2021-05-13
- Where: Bawal, Haryana; Sanand, Gujarat, India
- Value: $34.0M (2.50B INR)
- Status: announced
- Capacity: 5 lakh vehicle sets per annum (Sanand)
- Products: auto lighting, gear shifters, telematics, antennas, air-intake systems, plastic modules, seat structures
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lumax Group](https://endata.com/companies/55089.md)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/lumax-group-sets-aside-rs-250-cr-for-capex/82602856), 2021-05-13: "We have allocated Rs 250 crore capex this fiscal, some of which is carry-forward from last fiscal because of the lockdowns."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.