SoftBank-Backed Lenskart Looks To Set Up Its Largest Manufacturing Unit In India
Shortpedia
Content Team
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Delhi-based eyewear startup Lenskart is looking to invest $50 Mn (nearly INR 380 Cr) in setting up its second manufacturing plant in India. The location of the plant has not been disclosed yet, but it is said to be the company’s biggest manufacturing unit. Currently, Lenskart sources its material from a plant in China and a factory in Gurugram. The company plans to open nearly 300 stores by the end of the year.
