Garment Mantra Lifestyle Limited 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 total value of the order is approximately Rs 422.50 lakh, inclusive of taxes.
The order is part of the government's initiative under the Fit India Movement and is seen as a significant recognition of the company’s manufacturing capabilities.
Commenting on the development, Mr. Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Ltd., said, "We are proud to announce this important milestone in our journey. The trust shown by the Government of India reinforces our position as a reliable partner in promoting wellness and fitness through the Fit India Movement."
"This order not only enhances our visibility in the government procurement space but also opens up new avenues for future opportunities. We are committed to delivering on this project with excellence and leveraging this momentum for sustainable and inclusive growth," he added.
The company believes this order will contribute meaningfully to its revenue and strengthen its foothold in the government supply segment.