Telangana Secures Lenskart’s ₹1,500 Crore Eyewear Manufacturing Investment

·December 10, 2024·Market Trends·1 min·

Lenskart is investing ₹1,500 crore to establish the world’s largest [...]

Lenskart is investing ₹1,500 crore to establish the world’s largest eyewear manufacturing facility in Telangana. This venture is set to create approximately 2,100 direct jobs, contributing significantly to the state’s employment opportunities. The facility will manufacture lenses, frames, sunglasses, and other eyewear products.

This investment aligns with Telangana’s economic growth strategy, enhancing the region’s manufacturing capabilities and supporting ancillary industries. The state government anticipates substantial economic benefits, including increased tax revenues and a boost to the local supply chain ecosystem.

 

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