Lenskart will build the world’s largest eyewear manufacturing factory: investing Rs 1,500 crore in Telangana, will also export to Asia and Middle East

Glasses manufacturing company Lenskart is going to build the world’s largest eyewear manufacturing factory. The company is investing Rs 1,500 crore for this factory to be built in Telangana. This plant of Lenskart will generate about 2100 jobs.

Lenskart co-founder Amit Chaudhary said today i.e. Sunday (8 December) that eyewear, lenses, sunglasses as well as accessories and other products will be made in this factory. From this manufacturing facility, Lenskart will also export products to South-East Asia and Middle East.

The company said – we are impressed with the growth of Telangana

On December 8, the Revanth Reddy-led government has signed this Memorandum of Understanding (MoU) with the company on completion of one year. In the program, Amit Chaudhary said that the company was exploring possibilities for this in many states. But he was very impressed with the growth of Telangana and has signed this deal with the government.

Lenskart was formed in 2010

Lenskart founder Piyush Bansal, along with his Kolkata friend Ameet Chaudhary, planned to create a company that could change the habit of Indians not wearing glasses in 2010. He found another co-founder Sumit Kapahi on LinkedIn. Sumit had left his job in an eyewear company a few months ago.

The three together created Value Technology in 2010, which had different e-commerce websites. It had Lenskart, Jewelkart, Bagkart and Watchkart websites. After some time, seeing the potential in the glasses market, the three started focusing only on Lenskart.

Automatic manufacturing unit

The company started the world’s first automatic manufacturing unit in Bhiwadi, Rajasthan. Currently, the company has manufacturing units in Delhi, Gurugram and Zhengzhou, China. The company is going to set up a new plant in Bengaluru at a cost of Rs 1600 crore. Production will start in it in the next 18 months.