Deals14 Aug 2025, 12:54 pm
SBC Exports Ltd Secures 17.56 Crore Export Order from Dubai-based HUXXE Readymade Garments Trading LLC
AI Summary
SBC Exports Ltd has announced the finalization of a deal with HUXXE Readymade Garments Trading LLC, a Dubai-based company. The company has received an initial work order amounting to 17.56 crore for the supply of readymade garments. This strategic move is expected to enhance profitability, diversify market exposure, and reinforce the Company’s competitive standing in the international apparel sector. The payment for the shipment will be received within 90 days from the date of receipt of the goods by HUXXE. The order is for a period of one year from the date of the purchase order.
Key Highlights
- SBC Exports Ltd has secured an export order from HUXXE Readymade Garments Trading LLC worth 17.56 crore.
- The deal is expected to contribute to revenue streams within the current financial year and support the company's projected 15-20% annual growth in export turnover.
- The payment for the shipment will be received within 90 days from the date of receipt of the goods by HUXXE.
- The order is for a period of one year from the date of the purchase order.
- This deal is expected to enhance profitability, diversify market exposure, and reinforce the Company’s competitive standing in the international apparel sector.