New Launch13 Jun 2025, 09:31 am
Garment Mantra Lifestyle Subsidiary Receives Order from Government of India for 1,25,000 Yoga Mats Worth INR 422.50 Lakhs
AI Summary
Garment Mantra Lifestyle Ltd. has announced that its wholly owned subsidiary, Hylex Fashion Private Limited, has received an order from the Ministry of Ayush, Government of India for the supply of 1,25,000 Yoga Mats. The order, valued at approximately INR 422.50 Lakhs, is inclusive of taxes. This development marks a significant recognition of the company's capabilities and positions it strategically to tap into additional government procurement opportunities.
Key Highlights
- Garment Mantra Lifestyle's subsidiary, Hylex Fashion Private Limited, has received an order from the Ministry of Ayush, Government of India.
- The order is for the supply of 1,25,000 Yoga Mats, valued at approximately INR 422.50 Lakhs.
- This development marks a significant recognition of the company's capabilities.
- The company is positioned strategically to tap into additional government procurement opportunities.
- The order is for unbranded Ethylene Vinyl Acetate (EVA) Yoga Mats and is to be executed by June 26, 2025.