INSPIRATION inorganic opportunities and our desire is coming to fruition. With hope in our hearts and a determined spirit, we embark on a new journey for 2023, revisiting our business goals and keeping the fundamental theme of ‘Go Deeper’. We must re-dedicate ourselves to: Quality - We must aspire for quality across all our verticals and processes by achieving zero defect. This will take us closer to become the preferred supplier to all our customers. Manufacturing Excellence - Relentless pursuit to achieve excellence every single day. TPM is a very strong tool in this pursuit. One Lumax - Creating a united force to reckon with in the Indian Auto Industry I hope the year 2023 is a wonderful and healthy New Year for all of us. Our Culture and Value System - Practicing Lumax value of RIPE in letter and spirit amongst I thank each and every member of the all employees and all stakeholders is the key. Lumax family for their dedication, commitment and sincerity. It is an honour to So, let’s Unlock our Potential on all fronts, be a part of this great self-motivated team whether it is Financial Performance, Business that has been attaining remarkable feat over Direction, Developing Human Capital, the years. Establishing Engineering Prowess and Building Stronger Partnerships. Let us ‘Go Deeper’ and The year 2022 was truly remarkable it connect with our customers, our suppliers, our showed us all-time highs with respect to our teams and realize our full potential by stretching targets for Lumax Auto Technologies and ourselves by being Future Ready and going from expansion of our global footprint by setting Good to Great! up the Czech Technical Centre and start of production at the electronic plant in Bawal As Individuals, we perhaps have the best in the and ground breaking of a new plant in industry, together as a team we have the strength Chakan at Lumax Industries Limited. to become the Game changers in our industry. Awards and recognition have always My best wishes to you and your family for a encouraged us to push ourselves so that we fabulous 2023 please thank them on my behalf can serve our esteemed customers better. for the Great continuing support. We won many awards in 2022 at ICQC, from Customer and for Quality and Innovation. The year 2023 is expected to be a historic DK Jain year for us. We are close to looking at Chairman