Suumaya Lifestyle bags PPE orders worth ₹525 cr

Suumaya Lifestyle Limited, an India-based exquisite women’s fashion brand, has announced that the company has received several orders of approximately ₹525 crores from various government institutions and private companies across India for the supply of Covid-19 essentials, reusable cotton masks and PPE (Personal Protective Equipment) kits. 

 

Suumaya Lifestyle Limited, an India-based exquisite women's fashion brand, has announced that the company has received several orders of approximately ₹525 crores from various government institutions and private companies across India for the supply of Covid-19 essentials, reusable cotton masks and PPE (Personal Protective Equipment) kits.#

Suumaya plans to supply nearly ₹50 lakh reusable cotton masks and ₹35 lakh PPE kits over the next 5 months. 

 

Suumaya Lifestyle Limited, an India-based exquisite women's fashion brand, has announced that the company has received several orders of approximately ₹525 crores from various government institutions and private companies across India for the supply of Covid-19 essentials, reusable cotton masks and PPE (Personal Protective Equipment) kits.#

The entire production to execute these orders would be processed at Suumaya’s exclusive contracted manufacturing facilities at Surat, Ahmedabad and Mumbai. The company has taken necessary measures to raise the funds to adequately meet the working capital requirements for smooth execution of these projects.

 

Suumaya Lifestyle Limited, an India-based exquisite women's fashion brand, has announced that the company has received several orders of approximately ₹525 crores from various government institutions and private companies across India for the supply of Covid-19 essentials, reusable cotton masks and PPE (Personal Protective Equipment) kits.#

“Our country is facing an unprecedented challenge battling the increasing number of Covid-19 positive cases, especially in metros such as Mumbai, Delhi and Ahmedabad. I would like to thank the government and private institutions for giving us an opportunity to serve our Nation. Work has already begun on a war footing basis at our factories situated in Surat and Ahmedabad to supply the Covid-19 essentials in the shortest possible time,” Ushik Gala, chairman of Suumaya Lifestyle Limited, said in a press release.

 

Suumaya Lifestyle Limited, an India-based exquisite women's fashion brand, has announced that the company has received several orders of approximately ₹525 crores from various government institutions and private companies across India for the supply of Covid-19 essentials, reusable cotton masks and PPE (Personal Protective Equipment) kits.#

Of the total orders which we have received, ₹65 crores is from various state governments while ₹15 crores is from various central government agencies. In addition to this we have also received orders worth ₹400 crores from Zilingo, a unicorn start-up backed by various global VC funds and ₹45 crores from various MNCs and corporate.”

 

Suumaya Lifestyle Limited, an India-based exquisite women's fashion brand, has announced that the company has received several orders of approximately ₹525 crores from various government institutions and private companies across India for the supply of Covid-19 essentials, reusable cotton masks and PPE (Personal Protective Equipment) kits.#

The company has set up an expert committee for chalking down or evolution of Suumaya 2.0 strategy which would be evaluating ways to tide down the current crisis and at the same time explore any organic or inorganic growth opportunities post Covid-19.