Carl Zeiss invests ₹2,500 crore in new lens manufacturing facility in India
Bengaluru: German optics and medical technology company Carl Zeiss has announced a significant investment of ₹2,500 crore to establish a lens manufacturing facility in India. The new factory, set to commence production by June 2025, will be situated on 35 acres of land acquired from the Karnataka Industrial Area Development Board.
The upcoming facility is expected to be one of Carl Zeiss's largest globally, manufacturing a diverse range of lenses, including vision care, cinema, and photo lenses. "This will be a hub which will produce for the Indian and export markets,” said Rohan Paul, Business Head, India and Neighbouring Markets - Vision Care, Carl Zeiss India.
Highlighting India's strategic importance, Paul noted that the Indian market is currently valued at ₹1,800 crore for Carl Zeiss, encompassing vision care, industrial quality solutions (IQS), and research microscopy products.
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Army foils infiltration bid in J-K's Uri
Srinagar (PTI): Army on Wednesday foiled an infiltration bid along the Line of Control (LoC) in Uri sector of Jammu and Kashmir, officials said.
They said troops foiled the infiltration bid in Churunda area of Uri in Baramulla district of north Kashmir.
An exchange of fire is going on and further details are awaited, the officials ad
