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Incorporated in Dec. '81 as a public limited company, GKB Opthalmics was granted a licence as a 100% EOU in 1982. The company set up a plant at Tivim, Goa, with financial assistance from the Economic Development Corporation of Goa, Daman and Diu Ltd and The Maharashtra State Financial Corporation. It was promoted by K G Gupta, K M Gupta, B K Gupta and Ravi Gupta. The company is engaged in the manufacture and export of high-quality, single-vision mineral opthalmic lenses. Commercial production commenced in May '83. It has an installed capacity of 30 lac lenses pa. The company completed the expansion programme by expanding the capacity of single vision lenses to 33 lac pcs pa.