Image Source: Garment Mantra
In a significant development for India’s apparel sector, Garment Mantra Lifestyle Ltd announced that its wholly-owned subsidiary Hylex Fashion India Pvt Ltd has secured a major order worth ₹101.4 crore. This order marks a strong commercial milestone for the Surat-based textile firm and reinforces its positioning in the Indian fashion and garment manufacturing space.
According to the company's exchange filing, this latest order reflects growing confidence from buyers in Hylex’s design, production quality, and capacity. The large-scale procurement also signifies the growing demand for Indian textiles and garments in both domestic and global markets.
Key Highlights
Hylex Fashion India Pvt Ltd, a wholly-owned subsidiary of Garment Mantra, has received an order worth ₹101.4 million (₹101.4 crore)
This order is likely to be executed over the coming months, reflecting strong demand and operational scale
The company has not disclosed the name of the buyer but emphasized it as a repeat client, showcasing brand reliability
The order is expected to positively impact revenue visibility and bottom-line growth in the coming quarters
Garment Mantra is focused on expanding its retail and B2B apparel distribution, leveraging Hylex’s sourcing and manufacturing efficiencies
This development aligns with Garment Mantra’s strategy to strengthen its presence in the organized apparel sector while tapping into Tier II and Tier III cities. The company has been steadily enhancing its product mix and supply chain to meet large-scale orders effectively.
Sources: BSE Filing, Business Standard, Moneycontrol
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