Lumax Auto expects content per vehicle to rise 10-15% by FY29
Lumax Auto MD Anmol Jain expects component value per vehicle to rise 10-15% by FY29 on premiumisation and localisation, according to TradingView.
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what happened
Lumax Auto Technologies expects the value of components it supplies per vehicle to climb 10-15% by fiscal 2028-29 (FY29), according to TradingView. Managing Director Anmol Jain linked the increase to automakers adding features, localising production and adopting green-fuel technologies.
The company currently supplies parts worth 70,000-75,000 rupees per passenger car and 20,000-22,000 rupees per two-wheeler. It also expects content per vehicle to keep rising by FY31-FY32. Lumax is investing in mechatronics, covering electrical and electronic parts, body control modules, switches and sensors.
why it matters
For markets, this points to demand for electronic content and localisation among auto component suppliers. The company expects EBITDA of about 900 crore rupees in FY27 and about 1,000 crore in FY28, and targets 11,000 crore rupees in revenue by FY31. These are management plans, not share price forecasts.
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sources
- Lumax Auto’s Anmol Jain sees content per vehicle rising 10-15% by FY29 on premiumisation — TradingView, 31 October 2026 at 14:09 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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