Ituran Location and Control Ltd. and Lumax Auto Technologies Limited announced that its joint venture in India, Lumax Ituran Telematics Pvt Ltd., successfully concluded a validation and trial period for its connected telematic devices with Daimler India Commercial Vehicles (DICV) for its vehicles sold to the Indian market. DICV fully tested Ituran's devices across approximately 15,000 plus vehicles operating in India and Lumax-Ituran expect to continue to sell tens of thousands of connected devices to DICV annually. These connected devices will provide the essential hardware to enable advanced telematics solutions, forming the foundation for future expansion into connected vehicle services.
The expansion of operations with DICV, a part of the key leading global OEM, marks a key milestone for Ituran's strategic expansion into India's automotive telematics sector.
