In a move to bolster Karnataka’s industrial landscape, Industries Minister M B Patil swiftly responded to Lenskart CEO Peyush Bansal’s call for land assistance near Kempegowda International Airport in Bengaluru.
A Call for Expansion
Peyush Bansal, also known for his role as a judge on ‘Shark Tank India,’ expressed Lenskart’s interest in acquiring 25 acres of land within a 60-kilometer radius of the Bengaluru airport for the construction of Lenskart’s next mega factory. The request was made on the professional networking platform, LinkedIn.
Government’s Swift Response
Within an astonishing five minutes of Bansal’s post, Minister Patil affirmed Karnataka’s readiness to support Lenskart’s expansion plans. “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,” stated Minister Patil.
Proactive Government Measures
Minister Patil wasted no time in issuing necessary directives to facilitate Lenskart’s establishment of its manufacturing unit in Bengaluru, as reported by Press Trust of India, citing reliable sources. This proactive response underscores Karnataka’s commitment to fostering a conducive environment for business growth and investment.
Alternative Suggestions
While the government’s swift action garnered praise from many, some users on LinkedIn suggested alternative locations for Lenskart’s project. They expressed concerns about Bangalore’s overcrowding and advocated for development in north Karnataka. Suggestions included cities like Bagalkot and Bijapur, highlighting their affordability, ample land availability, and connectivity advantages.
Lenskart’s Journey
Founded in 2010 by Peyush Bansal, Lenskart has rapidly expanded its reach, serving over 100,000 customers monthly. The company, emerging from VALYOO Technologies, focuses on enhancing customers’ lives by bypassing traditional retail channels and directly supplying high-quality eyewear. Through innovative strategies such as in-house manufacturing and online retailing combined with physical stores, Lenskart has established itself as a prominent player in the eyewear industry.
The swift and proactive response from the Karnataka government to Lenskart’s expansion aspirations underscores the state’s commitment to promoting a thriving business ecosystem. By extending support to Lenskart’s mega factory project, Karnataka reaffirms its dedication to fostering a conducive environment for business growth and investment, ensuring promising prospects for the state’s industrial landscape and economic prosperity.
