Karnataka government clarifies on Lenskart deal: Won't let private companies exploit exchequer

Lenskart chose Telangana over Karnataka for its new eyewear manufacturing facility. Karnataka's industries minister defended the state's decision not to match excessive incentive demands, citing responsible use of taxpayer funds. Lenskart praised Telangana's swift execution and ease of doing business, contrasting it with Karnataka's recent struggles to attract major manufacturing projects.

Dec 10, 2024 - 16:00
Karnataka government clarifies on Lenskart deal: Won't let private companies exploit exchequer

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Lenskart chose Telangana over Karnataka for its new eyewear manufacturing facility. Karnataka's industries minister defended the state's decision not to match excessive incentive demands, citing responsible use of taxpayer funds. Lenskart praised Telangana's swift execution and ease of doing business, contrasting it with Karnataka's recent struggles to attract major manufacturing projects.
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