Lumax Industries open design centre in Taiwan
Date: 23 May 2016
Lumax Industries Limited , a
leading player in automotive lighting, has inaugurated a state-of-the-art
Design Centre in Taiwan to strengthen its in-house design capabilities. The new
Design Centre was inaugurated by D.K. Jain, Group Chairman.
The opening of the Design
Centre is seen as a strategic step towards the 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, this centre will serve as
Lumax’s springboard for doing business in Japan, South Korea and mainland China
in future.
Taiwan offers many advantages like
a strategic geographic location, comprehensive supply chain, industrial
clusters, strong manufacturing technology, a hardworking quality workforce,
innovative R&D and management capabilities. The company annually purchases
roughly NT$350 million (Rs 72.48 crore approx.) from Taiwan’s tooling,
machinery and equipment suppliers.
“The Design Centre in Taiwan will synergise
the Company’s efforts to deploy best practices in its manufacturing engineering
to produce highly integrated innovative products in addition to capitalising on
the strategic advantage of Taiwan as an established and high quality, yet cost
effective, destination for tooling, ” Jain said.
The Design Centre-Taiwan will
fulfil ever-evolving market needs for innovative lighting solutions and reduce
the development time for technologically advanced products. It will also be an
interface with key markets of automotive lighting tool makers including China
and Korea and the Programme Management Team of Lumax.
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.