Singer India's Partner Secures Major Contract: 2.81 Lakh Tool Kits Worth ₹202.7 Crore

1 min read     Updated on 22 Jul 2025, 06:07 PM
scanxBy ScanX News Team
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Overview

Singer India Limited's partner, Kendriya Bhandar, has secured a ₹202.70 crore contract to supply 2,81,128 tool kits for the PM Vishwakarma Scheme. Singer will provide 2,81,128 sewing machines by September 30, 2026. The contract, awarded by DC MSME through NSIC, is subject to ±25% quantity variation and government clearance. A legal challenge in the Delhi High Court is ongoing, but supplies are not halted. The deal could significantly boost Singer India's revenue, though execution depends on monthly allocations and legal outcomes.

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*this image is generated using AI for illustrative purposes only.

Singer India Limited has announced a significant business development for its partnership operations. The company's business partner, Central Government Employees Consumer Cooperative Society Limited, commonly known as "Kendriya Bhandar," has secured a major contract to supply tool kits under the PM Vishwakarma Scheme.

Contract Details

  • Total Units: 2,81,128 tool kits
  • Contract Value: ₹202.70 crore (inclusive of applicable GST)
  • Awarded By: DC MSME (PMV Division) through NSIC
  • Completion Deadline: June 2027

Singer's Role and Order Specifics

Singer India has received two separate purchase orders from two aggregators of Kendriya Bhandar:

  • Each order is for 1,40,564 Singer Sewing Machines
  • Total machines to be supplied: 2,81,128
  • Supply deadline: September 30, 2026

The company will supply complete Singer Sewing Machine sets, including stand, table, and motor. Some sets will also include a Singer Iron.

Key Points to Note

  1. Contract Conditions: The orders are subject to:

    • Quantity variation of up to ±25%
    • Government clearance
    • Receipt of monthly Purchase Order allocation under the PM Vishwakarma Scheme
  2. Legal Challenge: The contract has been challenged in the Delhi High Court, and the matter is currently sub judice. However, there is no specific order to stop the supplies.

  3. Tool Kit Components: While Singer India will supply the sewing machines, Kendriya Bhandar will arrange various other items included in the tool kits.

  4. Machine Models: The tool kits will include variants of Singer Brand Sewing Machines, specifically the Tailor and Universal models.

This contract represents a substantial opportunity for Singer India, potentially boosting its revenue and market presence in the coming years. However, investors should note the legal challenge and the conditional nature of the orders, which may impact the final execution of the contract.

Singer India Limited continues to play a crucial role in supporting government initiatives aimed at skill development and empowerment, particularly in the tailoring trade under the PM Vishwakarma Scheme.

Historical Stock Returns for Singer

1 Day5 Days1 Month6 Months1 Year5 Years
-1.40%+6.25%-3.01%-3.42%-14.93%-2.48%

Singer India Secures Rs. 202.70 Crore Orders for PM Vishwakarma Scheme

1 min read     Updated on 22 Jul 2025, 05:45 PM
scanxBy ScanX News Team
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Overview

Singer India Limited has received two purchase orders totaling Rs. 202.70 crore to supply 281,128 sewing machines by September 30, 2026, as part of the PM Vishwakarma Scheme. The orders, placed by aggregators of Kendriya Bhandar, include complete sewing machine sets with stands, tables, and motors. The contract allows for a quantity variation of ±25% and requires government clearance. While the order represents a significant opportunity for Singer India, it's noted that the underlying contract is being challenged in the Delhi High Court.

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*this image is generated using AI for illustrative purposes only.

Singer India Limited , a renowned name in the sewing machine industry, has received a significant boost to its order book with two purchase orders totaling Rs. 202.70 crore. The orders, part of the PM Vishwakarma Scheme, involve supplying 281,128 Singer sewing machines by September 30, 2026.

Order Details

The orders come from two aggregators of Kendriya Bhandar, the Central Government Employees Consumer Cooperative Society Limited:

  1. Equipzone India Private Limited
  2. Antaric Merchandising LLP

Each aggregator has placed an order for 140,564 sewing machines, bringing the total to 281,128 units.

PM Vishwakarma Scheme

The PM Vishwakarma Scheme, initiated by the Indian government, aims to support and empower traditional artisans and craftspeople. As part of this scheme, Kendriya Bhandar has been selected as the L1 bidder to supply 281,128 tool kits for the tailor trade.

Contract Specifications

The purchase orders come with several key conditions:

  • Quantity variation: Up to ±25%
  • Government clearance requirement
  • Monthly purchase order allocations

Singer India will supply complete sewing machine sets, including stands, tables, and motors. Some sets will also include Singer irons.

Timeline and Challenges

While the supply deadline for Singer India is set for September 30, 2026, the broader scheme has a completion date of June 2027. It's worth noting that the underlying contract is currently being challenged in the Delhi High Court. However, no specific order has been issued to halt supplies at this time.

Financial Impact

The total order value of Rs. 202.70 crore (inclusive of applicable GST) represents a significant opportunity for Singer India Limited. This large-scale order is expected to have a positive impact on the company's revenue and market position in the coming years.

Company Statement

In a regulatory filing, Singer India Limited stated, "This disclosure is made in accordance with the requirements of Schedule III of the SEBI LODR Regulations, as well as SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023."

The company also confirmed that the order does not fall under related party transactions and that no promoter, promoter group, or group companies have any interest in the entities awarding the contract.

As Singer India Limited gears up to fulfill this substantial order, the company's performance in executing this contract will be closely watched by investors and industry observers alike.

Historical Stock Returns for Singer

1 Day5 Days1 Month6 Months1 Year5 Years
-1.40%+6.25%-3.01%-3.42%-14.93%-2.48%
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