Expansion4 Jul 2026, 05:40 pm
Lux Industries Approves ₹600 Cr Capacity Expansion at Dankuni
AI Summary
Lux Industries Ltd announced board approval for a significant capacity expansion of its Vertical A manufacturing facility in Dankuni, West Bengal. The total project cost is ₹600 crores, including ₹450 crores for new capital expenditure and previously acquired land. This expansion will add approximately 12 lakh sq ft, increasing the facility's footprint to 20 lakh sq ft. The project is expected to be completed in phases over 6 years and aims to become one of Asia's largest garment manufacturing facilities. It is projected to generate ₹900-1000 crores in incremental annual revenue upon reaching optimum capacity utilization and create significant employment opportunities in West Bengal.
Key Highlights
- Board approved ₹600 Cr capacity expansion at Dankuni facility.
- Expansion to add 12 lakh sq ft, increasing footprint to 20 lakh sq ft.
- Projected to generate ₹900-1000 Cr incremental annual revenue.
- Expected to create 9,000 direct and indirect employment opportunities.
- Payback period estimated at approximately 5 years.
Price Impact
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