Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Garment Mantra Lifestyle Ltd to set up new wholesale hub in Surat

Posted On: 2024-02-21 11:24:00 (Time Zone: IST)


Garment Mantra Lifestyle Ltd (Erstwhile Junction Fabrics & Apparels Lid) has announced that Garment Mantra group is setting up a New Wholesale Hub in Surat, to efficiently cover big customers and the commission agents from the western, northern and central region of the Country.

We are feeling very privileged to inform that this setup on February 22, 2024 will be inaugurated in the auspicious presence of "Mahant Shri Nritya Gopal Das Ji Maharaj" (Chief of the Ram Janmabhoomi Nyas and Shri Ram Janmabhoomi Teerth Kshetra, Ayodhya and head of the Shri Krishna Janmasthan Seva Sansthan, Mathura.)

Garment Mantra Group has strategically joined the hands with reputed business houses of the Surat to efficiently cover big customers and the commission agents from the western, northern and central region of the Country. Business houses with whom, we as a group accompanying are into the textile business since decades and carries a good set of wholesale customers in their bouquet. This strategic tie-up will be beneficial for both sides as we will bet on our core strength i.e. production and supply chain and the other parties will take care of Sales and Marketing.

Commenting on the Milestone, Mr. Prem Aggarwal, Chairman & Managing Director, Garment Mantra Lifestyle said: "We are happy to announce the opening of new wholesale hub in Surat, Gujarat. Coming up on this new facility, we are working on our endeavor to engage more partners from the region, with optimized and economical fulfillment solutions. This location will improve the region's access to inventory and enhance the services we offer customers.

This setup will be great utility for wholesale customers as well as commission agents, they can use their customer base to grow their business on the backing of our products. The most specific point I want to add here is that all the quality products under our umbrella will be now available in the Surat also at the same price of the tirupur.

We are expert in cost effective manufacturing model since last 3 decades and the counter parties are pioneer in the field of textile product selling since decades, I feel this will be a great combination to take the business at next level. We are very confident after these kind of business developments and hoping that the upcoming years will do magic for us in terms of Revenue as well as Profits."


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Padma Shri Award-winning Scientist and Father of Akash Missile, Dr. Prahlada Ramarao, to Advise CMD of Brightcom Group

Torrent Group's Green Hydrogen Plant in Gorakhpur Inaugurated by Shri Yogi Adityanath, Hon'ble Chief Minister of Uttar Pradesh

Alan Scott LearniX Pvt Ltd launches advanced AI-pzowered Education Platform KrishGuru

NITCO Q1 Revenue Surges 114% on Alibaug Deal, Tiles Growth

KEC International wins New Orders of Rs. 1,402 crores

Hindustan Oil Exploration Company Ltd update on Block B-80

Electronics Mart India Ltd opens new Bajaj Electronics store at Srikakulam

Shanmuga Hospital Ltd commissions advanced PH Impedance and Manometry System

Baazar Style Retail Ltd opens new store at Bihpuria

Shree Ajit Pulp and Paper Ltd shuts down plant temporarily

Century Ports Ltd commences commercial operations at its rejuvenated Khidderpore Docks

Meta Infotech Ltd receives order worth Rs. 52.91 lakhs

OnMobile reports strong Q1 FY26 with Double-Digit Growth in Gaming Subscribers and Revenue

Signatureglobal Business Park Ltd acquires 33.47 acres land

EaseMyTrip Board approves 3 acquisitions to Strengthen Strategic Presence

PVR INOX opens 10-screen Megaplex at the Sky City Mall in Borivali East, Mumbai

Hindustan Copper PBT increases by more than 16%

Globe Civil Projects Ltd receives LOA for order worth Rs. 222.19 crores

Weaver Services completes acquisition of Capital India Home Loans after regulatory approval

Affordable Robotic and Automation Limited Reports Year-on-Year Improvement in Q1 FY2026 Performance

Calcom Vision Reports Q1 FY26 PAT at Rs 0.69 Crore, up 138.72% YoY; Revenue from Operations Rises 146.82% YoY to Rs 45.07crore

Nazara Doubles Q1FY26 Revenues to ?498.8 Cr, EBITDA Up 90% to ?47.4 Cr and PAT Increases by 118% to ?51.3 Cr

Arisinfra Solutions achieves record sales for Bodhii Tree Villa Plot Development Near NH-75

HCLTech commemorates the 49th anniversary of HCL Group by planting 49,000 saplings across India

SBI Life launches 'SBI Life - Smart Shield Plus', a future-ready term insurance plan designed for consumer's evolving insurance needs

Neopolitan Pizza and Foods Limited Expands with a New Company-Owned Location at 'THE C Wing Mall,' Una - Gir Gadhda

KIL reports Q1FY 2026 results, consolidated net profit at INR 95 crore

FSN E-Commerce Ventures Ltd to acquire balance 40% stake in Nudge Wellness Pvt Ltd

Piccadily Agro Industries Ld announces Q1 FY2026 results

P N Gadgil Jewellers Limited opens new store at Nashik

Cohance Lifesciences announces ?230 mn investment and progress on cGMP Oligonucleotide Facility at Hyderabad, India

Gland Pharma receives approval for Norepinephrine Bitartrate in 5% Dextrose Injection Bags

KVB inaugurates a new branch in Trichy

Transrail secures fresh orders worth ?701 crore

Firstsource named a 'Star Performer' and a 'Major Contender' in Everest Group's Financial Crime and Compliance (FCC) Operations Services PEAK Matrix® Assessment 2025

Kovilpatti Lakshmi Roller Flour Mills Ltd approves capex in Foods Division

PTC Industries and Kineco Aerospace & Defence announce strategic MoU to Collaborate on Value-Added Aerospace Components & Structures

GP Petroleums Ltd reports Q1 FY 2025-26 Results with PBT of ?8.57 Crores on Revenue of ?168 Crores

MRF announces Q1 FY2025-26 results

MIC Electronics Limited receives BIS certificates

Nibe Ltd receives orders worth Rs. 26.67 crores

RBL Bank Partners with CAMS to Provide Merchant Acquiring Settlement service

Hindustan Zinc becomes the First Indian Company to Join the International Council on Mining and Metals

Neogen Chemicals raises INR 200 crore via NCDs

Mangal Credit and Fincorp Ltd to open new branch at Nathdwara

RMC Switchgears Limited reports Q1 FY2025-26 PBT of ? 12.44 Crores, Maintains Strong Growth Momentum

DroneAcharya Aerial Innovations Ltd secures INR 99.67 Lakh work order from Indian Army for Drone Supply and Advanced Drone Lab Setup

izmo Ltd unveils The Automotive AI Factory

Cohance Lifesciences announces USD 10 mn investment in cGMP Bioconjugation Suite at NJ Bio, Princeton, NJ, U.S. to Accelerate ADC Innovation

Gland Pharma receives approval from USFDA for Cangrelor for Injection 50 mg/vial


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020