Indian Eyewear MNC Lenskart signed an MoU on December 8 with the Telangana government for setting up a manufacturing facility. The plant, with an investment of around Rs 1500 crore is expected to generate around 2100 jobs.
Sridhar Babu tweets about upcoming eyewear manufacturing facility
Telangana Minister for IT, E&C, Industries & Commerce, and Legislative Affairs D Sridhar Babu shared on X (formerly Twitter): "Very delighted to announce the signing of an MoU with @Lenskart_com today wherein Lenskart will set up the world’s largest eyewear manufacturing facility in Telangana with an investment of around Rs 1,500 crore."
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The Minister added: "The facility will produce eyewear, lenses, sunglasses, accessories, and other products catering to the Indian market, along with exports to Southeast Asia and the Middle East. The plant will create around 2,100 jobs and discussions are ongoing about setting up an R&D center."
Notably, Lenskart's facility will be located on scheduled land in Fab City. The Minister has disclosed, “The facility will be established at Fab City, where land has already been identified and will be handed over to the company this week.”
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