Lenskart seeks to establish a new "mega factory" in Bengaluru

Lenskart's co-founder Peyush Bansal announced in a recent post

Karnataka Industries Minister MB Patil welcomed the proposal

Lenskart’s co-founder Peyush Bansal has expressed interest in establishing a new “mega factory” in Bengaluru, India, and has begun the search for suitable land near the Kempegowda International Airport.

Bansal announced the company’s intentions in a recent LinkedIn post, stating, “Lenskart is looking for 25 acres of land within 60 kms of Kempegowda Bengaluru International Airport to build its next Mega Factory. If any company is looking to sell factory land near the Bengaluru airport, please send an email to us.”

Following Bansal’s announcement, Karnataka Industries Minister MB Patil extended a warm welcome to the proposal. Patil assured that officials from his department would promptly reach out to Lenskart to facilitate the process.

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He emphasized Karnataka’s favorable business environment, stating, “Karnataka is the place to be! @peyushbansal @Lenskart_com Industries Department is here to support you, and facilitate all your needs. Concerned officials will reach out, immediately.”

Karnataka is the place to be! @peyushbansal @Lenskart_com Industries Department is here to support you, and facilitate all your needs.

Concerned officials will reach out, immediately. pic.twitter.com/9KTikkx8GJ

— M B Patil (@MBPatil) April 9, 2024

The move signals Lenskart’s ambition to expand its manufacturing capabilities and underscores Bengaluru’s status as a key destination for investment in India’s burgeoning technology and retail sectors.

As discussions progress, Lenskart’s potential investment could contribute significantly to the region’s economic growth and employment opportunities.