Lux Industries breaks ground on Rs 600-crore garment hub in Hooghly, eyes 9,000 jobs
Lux Industries has laid the foundation for a 20-lakh-sq-ft manufacturing hub in Dankuni, Hooghly, targeting 36 crore garments annually and Rs 1,000 crore in revenue. The move coincides with Lux Cozi being carved out as an independent vertical amid a three-way demerger.
Lux Industries lays foundation for a Rs 600-crore garment manufacturing hub in Dankuni, Hooghly, expanding capacity to 36 crore pieces annually and creating 9,000 jobs. Lux Cozi is also becoming an independent vertical amid a three-way demerger.
Why this matters
The Hooghly hub marks Lux Industries' largest capacity expansion, coinciding with a three-way demerger that carves out Lux Cozi as a standalone vertical to sharpen brand and manufacturing focus.
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