Lenskart to Build World’s Largest Eyewear Factory in Telangana with ₹1,500 Cr Investment

Eyewear manufacturing company Lenskart is set to establish the world’s largest eyewear manufacturing factory in Telangana, with an investment of ₹1,500 crore. This plant is expected to generate approximately 2,100 jobs.

Production of Eyewear, Sunglasses, and Accessories

Lenskart’s co-founder Amit Chaudhary announced on Sunday (December 8) that the factory will manufacture eyewear, lenses, sunglasses, accessories, and other products. This facility will also enable Lenskart to export products to Southeast Asia and the Middle East.

Lenskart Impressed by Telangana’s Development

On December 8, the company signed an MoU with the Telangana government, led by Revanth Reddy, to mark the completion of his administration’s one-year term. At the event, Amit Chaudhary shared that while they explored opportunities in multiple states, they were impressed by Telangana’s development and decided to partner with the government.

Lenskart Founded in 2010

In 2010, Lenskart was founded by Peyush Bansal, who teamed up with his Kolkata-based friend Amit Chaudhary. Their goal was to change the habit of Indians avoiding eyewear. They were later joined by Sumit Kapahi, another co-founder, who had recently left a job in an eyewear company.

The trio started Valyoo Technologies in 2010, which initially managed multiple e-commerce platforms, including Lenskart, Jewelkart, Bagkart, and Watchkart. However, realizing the potential in the eyewear market, they decided to focus solely on Lenskart.

Automatic Manufacturing Unit

Lenskart established the world’s first automatic manufacturing unit in Bhiwadi, Rajasthan. The company currently operates manufacturing facilities in Delhi, Gurugram, and Zhengzhou, China. Additionally, a new plant is being set up in Bengaluru at an investment of ₹1,600 crore, with production set to commence within the next 18 months.