# Lumax Auto Technologies and Alpine Co. to form joint venture for electric auto parts in India

Lumax Auto Technologies Ltd and Alpine Co Ltd signed a joint venture agreement to establish a 50:50 equity company in India to manufacture and sell electric devices and components for the automotive industry.

- Type: Acquisition
- Announced: 2021-07-02
- Where: India, India
- Status: announced
- Products: electric devices, electric components, automotive software
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lumax Auto Technologies](https://endata.com/companies/38681.md)
- [Alpine](https://endata.com/companies/35932.md) (partner)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-components/lumax-auto-to-set-up-joint-venture-with-alpine-co-for-electric-parts/84088915), 2021-07-03: "The parties have entered into an agreement to establish a joint venture company of 50:50 equity holding in India to manufacture and sell electric devices and components, including software related to the automotive industry."

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