The Tripura government awarded a ₹30 billion (~$357.58 billion) contract to Manomay Tex India, marking a significant milestone in its partnership with Vardhman Textiles.
This deal is expected to boost job creation and local manufacturing.
Manomay Tex India also reported a 112.18 per cent YoY profit increase in Q1 FY24, despite a 15.85 per cent revenue drop.