{"id":2212,"date":"2013-03-11T18:27:22","date_gmt":"2013-03-11T18:27:22","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=2212"},"modified":"2013-04-12T06:49:35","modified_gmt":"2013-04-12T06:49:35","slug":"lux-industries-to-invest-rs-100cr-on-expansion","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/lux-industries-to-invest-rs-100cr-on-expansion\/","title":{"rendered":"Lux Industries to invest Rs 100cr on expansion"},"content":{"rendered":"<p><a href=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/03\/ONN-Post.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/03\/ONN-Post-300x259.jpg\" alt=\"\" title=\"ONN-Post\" width=\"300\" height=\"259\" class=\"alignleft size-medium wp-image-2279\" srcset=\"https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/03\/ONN-Post-300x259.jpg 300w, https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2013\/03\/ONN-Post.jpg 670w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Leading innerwear player Lux Industries Ltd is going to invest Rs 100 crore on plant, machineries and marketing activities. &#8220;We plan to have additional investment of Rs 100 crore on plant, machineries and marketing and launch new products,&#8221; Lux Industries Chief Operating Officer Dilip Newar said in a statement. <\/p>\n<p>Lux Industries produces more than 100 products and has over 5 lakh retail outlets all over India. &#8220;The Indian market has tremendous potential in the premium undergarment and inner wear market. In men&#8217;s premium segment, we expect to have 25 per cent market share by 2016-2017,&#8221; Newar said. <\/p>\n<p>Lux Industries has also started exploring international markets and established a strong presence overseas, with offices in the Middle East, Europe and Africa. The company&#8217;s premium inner wear brand ONN plans to launch its new off springs this season to meet demand of urban and semi-urban youth, which will be endorsed by Shahrukh Khan.<\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Flux-industries-to-invest-rs-100cr-on-expansion%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"excerpt":{"rendered":"<p>Leading innerwear player Lux Industries Ltd is going to invest Rs 100 crore on plant, machineries and marketing activities. &#8220;We plan to have additional investment of Rs 100 crore on&#8230; <a class=\"meta-more\" href=\"https:\/\/www.franchisemart.in\/franchise\/lux-industries-to-invest-rs-100cr-on-expansion\/\">Read more <span class=\"meta-nav\">&raquo;<\/span><\/a><\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Flux-industries-to-invest-rs-100cr-on-expansion%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2212","post","type-post","status-publish","format-standard","hentry","category-news","entry"],"_links":{"self":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/2212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/comments?post=2212"}],"version-history":[{"count":1,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/2212\/revisions"}],"predecessor-version":[{"id":2214,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/2212\/revisions\/2214"}],"wp:attachment":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/media?parent=2212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/categories?post=2212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/tags?post=2212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}