BenQ Materials eyes 5% contact lens market share in India in 3 yrs

BenQ is aiming to corner up to 5 per cent share of the Indian contact lens market in next two to three years.

Taiwan News 
Date: 2017/10/05
By: Jose Kalathil, Taiwan News, Contributing Writer

NEW DELHI (Taiwan News) — Taiwan-based optical material manufacturer BenQ

(By Wikimedia Commons)

Materials, which has introduced its Miacare contact lens, is aiming to corner up to 5 per cent share of the Indian market in next two to three years.

The company also has plans to launch colored lenses here within a year as BenQ is aiming to tap the vision correction segment as well as the fashion wearable segment.

“The Indian market is around Rs 5.3 billion and we are targeting to have 5 per cent in 2-3 years time,” BenQ Materials Chairman & CEO Z C Chen told Press Trust of India.

The company is confident to create its space in the contact lens market in India, which is largely dominated by companies like Johnson & Johnson, Bausch & Lomb and Acqualens.    [FULL  STORY]

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