Saturday, 11 July 2026

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Home / Capex & Future Plans / Lux Industries Unveils ₹600 Crore Mega-Expansion in West Bengal, Targeting Asia’s Largest Garment Hub
CX · Capex & Future Plans

Lux Industries Unveils ₹600 Crore Mega-Expansion in West Bengal, Targeting Asia’s Largest Garment Hub

Lux Industries Limited has unveiled one of its biggest expansion plans to date, with the Lux Cozi Group (Vertical ‘A’) laying the foundation stone for a massive new manufacturing facility at Dankuni, West Bengal. Backed by an investment of ₹600 crore, the project is expected to become one of Asia’s largest garment manufacturing hubs, significantly enhancing the company’s production capabilities and supporting its long-term growth strategy.

The expansion reflects Lux Industries’ confidence in rising domestic demand, export opportunities, and India’s growing prominence as a global textile manufacturing destination.

Lux Industries to Invest ₹600 Crore in Dankuni Expansion

The company will transform its existing manufacturing unit at Dankuni into a world-class integrated garment production campus.

The current 8-lakh-sq. ft. facility will be expanded into a sprawling 20 lakh sq. ft. manufacturing complex, equipped with modern production infrastructure designed to improve efficiency, scalability, and faster product delivery.

The investment aims to strengthen the Lux Cozi brand while supporting the company’s expanding product portfolio across India’s innerwear and apparel markets.

Key Highlights of the Expansion

  • Total Investment: ₹600 crore
  • Location: Dankuni, West Bengal
  • Existing Facility Size: 8 lakh sq. ft.
  • Expanded Campus Size: 20 lakh sq. ft.
  • Additional Annual Production Capacity: 20 crore garments
  • Total Annual Manufacturing Capacity: 36 crore garments
  • Expected Status: One of Asia’s largest garment manufacturing facilities

The project is expected to significantly improve manufacturing efficiency while enabling the company to meet increasing demand from both domestic and international markets.

Major Employment Generation

Apart from boosting manufacturing capacity, the expansion is expected to create substantial employment opportunities in West Bengal.

According to the company, the project will generate:

  • 3,000 direct jobs
  • 6,000 indirect employment opportunities

The investment is expected to contribute to regional economic development while strengthening India’s textile manufacturing ecosystem.

Strong Financial Performance Supports Expansion

The announcement comes at a time when Lux Industries continues to report healthy business momentum.

The company has delivered approximately 25% Compound Annual Growth Rate (CAGR) over the past eight quarters while maintaining EBITDA margins of around 10–12%.

Lux has also invested nearly ₹300 crore in brand-building initiatives, supported by high-profile celebrity endorsements, helping strengthen the market position of its flagship Lux Cozi brand across India.

The new manufacturing facility is expected to complement these efforts by providing the production capacity needed to support future sales growth.

Management Confident About India’s Growth Story

Commenting on the project, Ashok Todi, Chairman of Lux Industries, described the ₹600 crore investment as a strong vote of confidence in India’s long-term economic and manufacturing potential.

Saket Todi, Executive Director, said the new facility will enable the company to respond more efficiently to changing consumer preferences, improve supply chain capabilities, and further strengthen Lux Industries’ leadership in the apparel sector.