Lenskart CEO on Owndays Acquisition

The video discusses the synergies between companies in the eyewear market, focusing on making eyewear more accessible and affordable. It highlights the market potential in India and Southeast Asia, where eyewear is becoming a fashion statement. The development of a new automated factory in Delhi NCR is detailed, aiming to produce 50 million pairs of spectacles annually. The impact of rupee depreciation on costs and the shift of manufacturing to India are addressed. The competitive landscape, dominated by Luxottica, is explored, emphasizing the need for market disruption. Finally, the video covers the company's profitability and future IPO plans.

How does the eyewear purchasing behavior in India compare to other parts of the world?

Describe the significance of the new eyewear factory being launched in the Delhi NCR region.

What strategies is Lenskart implementing to mitigate the impact of rising costs?