India, June 14 -- The global auto components and equipment sector is a dynamic and rapidly expanding industry, valued at over $2 trillion in 2024 and projected to reach $2.4 trillion by 2030, growing at a 2.8% CAGR.

India's auto component industry is expected to surpass $80 billion in FY2025, with exports hitting $21.3 billion and EV components contributing 6% of total production. This sector supports vehicle manufacturing, maintenance, and customization worldwide.

With a market capitalization of Rs 7,069.66 crore, the shares of Lumax Auto Technologies Ltd were trading at Rs 1,037.25 per share, increased around 1.53 percent as compared to the previous closing price of Rs 1,021.60 apiece.

Lumax Auto Technologies forecasts 20-25 percent ...