The technological manufacturing sector is evolving with advanced technology, and increasing demand for quality products with reliability. In today’s business scenario, India’s precision optics industry has seen limited growth compared to international markets. Some of the critical aspects are that the company compromises on quality, resulting in inconsistent performance. Moreover, client demand components include a combination of both glass and plastic products, but many suppliers specialize in only one of these products.
To tackle the ongoing industry challenges, Lensel Optics has established itself as a premier manufacturer of precision glass and plastics optics. The company has a professional inspection team, and an all-encompassing testing facility ensures that all components meet quality standards. Notably, Lensel Optics is one of the very few companies in India offering both Glass and Plastic Optics. Furthermore, the company offers in-house anti-reflection coating as well, making them a premium solution provider for mixed-material optical systems.
Skilled Team & Smart Tech Drive Optics Innovation
Lensel Optics has developed a strong internal work culture through job security and employee well-being. Professional workers with more than 10 years of experience, have given the company substantive institutional expertise, ensuring consistent output quality.
Notably, the company employee turnover is extremely low, only around two to three percent. Such continuity, particularly with production and quality staff, is highly valued in the optics business since it allows them to continually gain experience, develop, and enhance their skills over time.
“Most of our customers have been with us for seven to eight years, and some have been with us for 12 to 13 years, almost since we began working in this field. Customer retention is our top priority,” says Sreeja Rege, General Manager, Lensel Optics.
Additionally, the company also invests in cutting-edge technology, and testing equipment from Korea, Germany, and China to ensure optimal quality standards. Through its strategic focus on the latest technology, Lensel Optics keeps itself ahead of the innovation curve in the industry. By constantly updating its facilities, the company can deliver to changing client needs with accuracy, uphold quality standards, and remain technologically advanced in a fast-evolving market.
Targeting Defense & Auto Sectors for Future Growth
Lensel Optics has identified two distinct industries for its future plans: the defense industry for its glass shop and the automotive industry for its plastic molding division. In the defense space, there has been an extremely high level of defense procurement, both by the Indian defense and other nations.
Notably, the company is pushing to expand its position in this market, serving the Indian market, the UK, and the Israeli defense industries. Moreover, the company anticipates that the defense market has the potential for significant growth in the next decade.
Lensel Optics is one of the very few companies in India that offers both Glass and Plastic Optics
Furthermore, Lensel Optics identifies a huge potential in the Indian automotive industry and is striving to increase its footprint in the automotive plastic space through its plastic lenses. The company is already supplying lenses to certain auto companies in India and has established its name as a quality service provider to the automotive industry.
Post-pandemic, Lensel Optics has seen huge growth in terms of revenue and customer base. In the past three years, the company’s revenue has tripled from 10 crore to 30 crore, and the company aims to achieve 100 crore in the next three to four years.
We use cookies to ensure you get the best experience on our website. Read more...