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Garment Mantra proposes new store in township of Neyveli Lignite Power Plant

13 Aug 2021 Evaluate

Garment Mantra Lifestyle has proposed a new store in its retail arm Twenty Twenty Trading LLP ‘Price Mantra’ in the township of Neyveli Lignite Power Plant, Tamil Nadu. This store will be operational in next 30-45 days. This township is an industrial town in the Cuddalore district in the Indian state of Tamil Nadu and has a population density of 3 lakhs and the proximity to the closest town is 100 kms. GGML will be benefited with a ready customer base which was previous facing issues with their essential and regular shopping.

Each year around 1000-1250 engineers retire from their services within the power plant with a sizeable retirement benefit, they in general relocate to their hometown to spend their retired life, Price Mantra will offer a business cum income generating incentive by opting for a franchise with an minimal capital introduction. It will also assist these professionals to engage in activities which will generate income in annuity fashion through this franchise model which will also help Price Mantra expand its brand into multiple Cities. 

Garment Mantra Lifestyle (formerly Junction Fabrics and Apparels) is engaged in the business of garment manufacturing and selling both Knitted Fabric as well as Garments. Its range of garment products covers all the age group segments such as kids wear, mens wear, ladies wear, boys & girls wear.

Peers
Company Name CMP
Vardhman Textiles 567.35
Welspun Living 207.80
Arvind 575.25
Raymond Lifestyle 693.70
K.P.R. Mill 1109.40
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