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Carl Zeiss plans biggest lens factory in India for €250 mn

July 05, 2023

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Mint Mumbai

The capacity for 260,000 Carl Zeiss lenses a day, is six times what the firm produces today

- Gireesh Chandra Prasad & Ravi Dutta Mishra

Carl Zeiss plans biggest lens factory in India for €250 mn

Carl Zeiss India is investing over €250 million to build a spectacle lens production facility in Bengaluru, which will be the German optical systems group’s largest ‘vision’ factory in the world, a senior company executive said.

The investment indicates the strategic importance of India as a key driver of potential growth for the Zeiss group, managing director Miguel Gonzalez Diaz said in an interview. Construction will start next month on the land procured two years ago. Work is expected to be completed by October 2024.

The firm, which follows an October to September financial year, expects to close this financial year with sales of ₹1,800 crore, and expects to double sales in less than six years, Diaz said.

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