Zeiss Group to invest Rs. 2,500 crore on new plant in India

Global optical lenses major Zeiss Group will invest about Rs 2,500 crore in India on a new plant at Karnataka, mainly to increase its spectacle glasses manufacturing capacity, according to a senior company official.

Carl Zeiss India, the group’s arm in the country, expects to employ around 5,000 people when the new plant becomes fully-operational. The company, which has completed 25 years of operations in India, is targeting to achieve a turnover of Rs 5,000 crore by 2027.

Source - https://www.moneycontrol.com/news/business/zeiss-group-to-invest-rs-2500-crore-on-new-plant-in-india-10967271.html