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Aayush wellness wins $3M export order, expands to Global south
The Business Guardian
|December 14, 2024
Aayush Wellness Limited [BSE: 539528], India's Smart nutrition Company and a prominent player in health and wellness segment is pleased to announce that the Company has received a significant order worth US $ 3 million from M/s Cosmos Holdings Pte Ltd, a leading distributor in Singapore, to supply various healthcare and nutraceutical products.
Singapore's health supplements market is estimated to be worth US $ 202.8 million in 2024 and its annual growth rate is projected to be 3.81% p.a. This order marks a significant milestone for Aayush Wellness Limited and marks its entry on a global nutraceuticals and healthcare market.
Mr. Naveena Kumar, Managing Director said that "The success our products in India has laid the foundation for the company's foray into international markets, starting with Singapore--a hub for health-conscious consumers. This is Company's first export order and marks the Company entry in the premium Singaporean Market. This shall have a substantial impact on the company operational performance and expansion plans by developing the export market for our products."
Denne historien er fra December 14, 2024-utgaven av The Business Guardian.
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