15 hours ago
Hylex Fashion Pvt Ltd receives order of Rs 4 crore for Yoga mats
Hylex Fashion Private Limited, a wholly owned subsidiary of Garment Mantra Lifestyle Ltd has received an order from Ministry of Ayush, Government of India worth Rs 4.22 crore ($489,256).
The order includes supplying around 1,25,000 Yoga mats to the government for its Fit India Movement.
Commenting on the order, Prem Aggarwal, managing director of Garment Mantra in a statement said, 'We are proud to announce the receipt of order from the Government of India-an important milestone in Garment Mantra Lifestyle's growth journey. This development marks a significant recognition of our capabilities and underscores the trust placed in us as a reliable partner for Fit India Movement.'
'This achievement positions us strategically to tap into additional government procurement opportunities, and we are confident it will create meaningful value for our stakeholders. We remain focused on execution excellence and leveraging this momentum for sustained and inclusive growth,' he added.
The Coimbatore-based business, which operates across multiple tiers of the textile value chain, has been expanding its reach through both private and institutional channels.
