Lumax Auto Technologies will be supplying plastic moulded parts for various models of Honda Motorcycle and Scooters (HMSI).
The company Lumax is to supply plastic moulded parts for various models of HMSI to be manufactured at its third facility in Bangalore which includes Activa Scooters (110cc) and Dream Yuga motorcycle (110 cc).
In this regards, Lumax will be setting up manufacturing facility in Bangalore for supply under this agreement of HMSI at an investment of Rs 80 crore. Major portion of the impending investment will come through internal accruals. The facility is slated to be operational by Q1 of FY14.