These Technology Shows help us present our new products and technologies to our esteemed customers and to connect better to understand their requirements. Lumax Industries also participated at ISOL 2023 organised by ICAT, Manesar demonstrating convergence of advanced technologies from Europe, Japan and Taiwan for the Indian market. Lumax-DK Jain Group received two awards – Inner Parts Localisation and Value Analysis (Lumax Mannoh) and Human Resource Certificate (Lumax Industries) – from Maruti Suzuki India at MSVC 2023. We are humbled with the honour bestowed by Maruti Suzuki India. The senior management came together for the Annual Management Meet to review and reflect on the previous year, align the business with our values, i.e., Respect, Integrity, Passion and Excellence and set goals for the years ahead. On the occasion of World Environment Day, Lumax kickstarted a Sustainability Campaign to create awareness and incorporate sustainability across the organisation. We hope that in the coming years, together Dear Colleagues, we will be able to utilise all the resources without After a successful year both for the Indian Automotive compromising the needs of the future generations. The Industry and Lumax-DK Jain Group, we have begun health screening camps and the Yoga Day celebrations another year with the hope of achieving bigger are definitely encouragement for all of us. Practicing milestones in the Financial Year 2023-24. The highest Chair Yoga will help us stay healthy. ever revenues for both Lumax Industries and Lumax Auto Technologies would not have been possible The new HR policies are a sign of positive changes at without the support of all our employees and the Lumax-DK Jain Group. These are first step that we as an stakeholders. Congratulations to each one you for this organisation, are taking to become a Great Place to stellar performance. Work. The journey that started with humble beginnings has crossed many milestones. It has not been a smooth Lumax Industries witnessed a remarkable growth rate ride and we will continue grapple with uncertainties as of 32% in FY 2022-23, achieving its highest-ever we move ahead. We have overcome every challenge revenue of ₹ 2,320 Crore, a significant increase from and will continue to Progress with Pride and Positivity the previous year’s figure of ₹ 1,751 Crore. Lumax Auto together. Technologies Limited achieved its highest performance in the past five years in FY 2022-23. LATL’s revenue DK Jain stood at ₹ 1,847 Crore in FY 2022-23, which was a Chairman Emeritus remarkable increase of 23% year-on-year. This growth was driven by the joint ventures and strong customer relationship and diversified product portfolio. Moving into FY 2023-24, we expect the growth momentum to continue, building upon the robust demand observed in FY 2022-23. This quarter started on a positive note with the Technology Show at Skoda, Pune where Lumax-DK Jain Group showcased its wide range of advanced automotive solutions. Then IAC India engaged with Maruti Suzuki India for a Technology Show demonstrating Vehicle Interior Components & Systems.