Lenskart Establishes New Subsidiary Wenzhou Framekart in China
· Business · Moneycontrol
Eyewear retailer Lenskart has announced the incorporation of a step-down subsidiary named Wenzhou Framekart in China. The new entity will operate under the company's existing international business structure. Lenskart has been expanding its global footprint and supply chain operations over the past few years. The report does not specify the exact operational scope or the investment amount allocated to this new Chinese subsidiary. The company continues to maintain its primary headquarters in India while scaling its manufacturing and retail presence across multiple markets.
Why it matters
The move signals Lenskart's intent to strengthen its supply chain and manufacturing capabilities within China, a key hub for global eyewear production.
Read the original report — Moneycontrol
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