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Lumax Group inaugurated IAC India's Chakan 3 Plant and the extension of Chakan Plant 1 in Maharashtra, with a combined investment of approximately INR 700 million. The new capacity supports the company's automotive interiors business, particularly for electric vehicles.
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).
| Site | Largest | Latest |
|---|---|---|
| Maharashtra, India | $8.40M | 2025-06-01 |
| Bawal, India | $34.0M | 2021-05-13 |