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

Taiwan-based optical material manufacturer BenQ Materials, which has introduced its Miacare contact lens, is aiming to corner up to 5 per cent share of the Indian market in next 2-3 years.

The company also has plans to launch coloured 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

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