KNOW YOUR LEADER Q.What are the current challenges? A. After the pandemic, the market was quite disturbed and there was no continuity of products for a certain period, and now things have stabilized again. As you know, there is a rapid rush of technological changes in lighting from conventional Halogen lamps to LED lamps with huge aesthetic appeal in styling. This trend requires high skill in electronics and optics. We are upskilling ourselves and building a stronger team to rise to the occasion. Q.What is the growth potential of AMD? A. When it comes to revenue of AMD on account of new products, the growth potential is abundant. We have added approximately Rs 100 crores in the last 3 years. Q.AMD NPD has also received patents – tell us about that journey and how important is to have patents and how many of them are we currently working on. A. It's not patent but it's design registration. To date, the NPD team received 5 nos. of DR for both 2W & 4W lamps. Among 5, 3 lamps are launched and 2 are under development and those too will be launched by Q3, FY24. Q. Is our focus on R&D enough, what more needs to be done? A. Lumax is focused on the R&D for both OE & AMD, but need to align with the global market. We have a strong R&D with core self-driven technology that gives a unique strength to the organisation. Hence w.r.t R&D, there is scope to enhance our strengths, and which is under process. Q.There is a conver- gence of Technology from Europe, Japan, and Taiwan for the Indian market. How much do you think is the impact of the same on AMD NPD? A. Things are getting upgraded in force with the guideline set by GOI, in all aspects it is essential to move together to achieve global standards. When there was no internet & e-mail, still the communication was done but the mediums were different. Similarly, the convergence of technology is important to bring revolution in the automotive segment. The business environment is very dynamic and we need to keep pace with it and demonstrate success. For this we are undergoing transformation by expanding and upskilling our employees to become stronger teams. Functional integration with OEM’s R&D team and other agencies is the way forward to innovate and attain technological convergence. Q.Share your experi- ence being part of the Senior Management team? A. We have a great team at the senior management level, supported by a very energetic young workforce. New members have been added and I strongly believe that this will bring in new ideas and approaches for the benet of the organization. I enjoy a very positive relation- ship and great support from MD and CMD. It is a collective approach and drive by CMD and MD to create Vision 2027 together with the senior management team that made us own this