Lumax Auto Technologies to set up JV with Jopp Holding JmbH, Germany

Date posted: Friday 12 April 2019

Lumax Auto Technologies has signed a Joint Venture Agreement with Jopp Holding JmbH, Germany for manufacturing and sale of the Automotive components such as Shift Tower (Manual & Automated)/ Shift Forks & All Gear Sensor Assembly. Focus of JV is towards self-reliance in technology & establish a state of art R&D centre in India along with manufacturing operations.

(Business Standard)