LUX INDUSTRIES : PROPOSES CAPACITY EXPANSION AT DANKUNI FACILITY WORTH RS 600 CR

• Board approved proposed capacity expansion of manufacturing capacities of Vertical A at Dankuni, West-Bengal. • Total project cost of Rs. 600 Cr, including land acquired and new capital expenditure of around Rs. 450 Cr. • Expansion to add approximately 12 lakh square feet, increasing total built-up footprint to 20 lakh sq ft. • Expected payback period of around 5 years. • Facility to become one of Asia's largest garment manufacturing facilities. • Expected to generate 3,000 direct and 6,000 indirect employment opportunities. • Incremental annual revenue expected to be Rs. 900 Cr to Rs. 1000 Cr.

Lux Industries Ltd

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