Lux Industries Limited, one of India’s largest hosiery producer and exporter has completed its project of setting up of a manufacturing & warehousing facility and commenced commercial operation on January 31, 2024 at Jagadishpur, West Bengal Hosiery Park, Kolkata.
The 4.50 lakh square feet ‘State-of-the-Art’ facility is spread over 5 acres of land of which 20% to 30% will be used for manufacturing and balance for warehousing, storage and finishing facilities. This facility is expected to cater to the rising demand of the company’s products, and in line with the company’s commitment towards fostering sustainable growth. The facility is strategically designed to optimize workflow, reducing the need for vertical movement between different stages of manufacturing process and dependency on third party production.
Commenting on the completion of the project, Mr. Ashok Kumar Todi, Chairman, said: “We are extremely proud to announce the completion of our new manufacturing facility at Jagadishpur. With this facility, we will be at a better position to manage our logistics and supply chain. We believe that this unit will contribute to the growth of industry, create substantial direct and indirect job opportunities, promote sustainability and ecosystem development, and give an impetus to local economic growth. This expansion represents a strategic investment in our future, allowing us to better serve our customers, contribute to the local economy, and maintain our commitment to excellence. The advanced technology and increased capacity will enable us to meet the growing demands of our industry and continue to deliver exceptional products to our customers.”
Commenting on the commencement Mr. Pradip Kumar Todi, Managing Director, said: “We are thrilled to announce the completion our project at Hosiery Park, Jagadishpur. This is a significant milestone for company’s growth trajectory. The facility, being situated in the Park, at a cluster area, will help draw inherent advantages in terms of labour availability and infrastructure supremacy. Capital expenditure in space infrastructure will always be value enhancing for each passing years. A covered area of 4.50 lacs sq. ft., a large integrated facility at a single location, will lead to generate attractive economies of scale and ensure better quality control. The groundbreaking layout of the facility enhances efficiency, streamlines operations, and underscores our commitment to progressive manufacturing practices.
