single

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 (Mannual & Automated)/ Shift Forks & All Gear Sensor Assembly. Under the Joint Venture, both the partners will hold an equal 50%share in the new entity to be named Lumax JOPP Allied Technologies. While JOPP will bring the worldclass technology for its products to joint venture, Lumax will provide its 7 decades' rich experiencetowards management of the JV in India. Focus of JV is towards self-reliance in technology & establisha state of art R&D centre in India along with manufacturing operations.

TAGS

0 thoughts on “Lumax Auto Technologies to set up JV with Jopp Holding JmbH Germany”

Post Comment





Daily News

VIEW ALL