Groyyo Achieves EBITDA Positive Milestone

29 Jan 2025 CW Team

Groyyo’s strategy is anchored in exporting over 90% of its output to marquee international clients, including industry giants like Next, Mango, Inditex (Zara Parent), Ross, and the Bestseller Group. The company’s growth is propelled by Groyyo Design Studio, which curates in-house designs tailored to client requirements, making design-led exports a core competitive advantage.

In addition, Groyyo Consulting has played a pivotal role in transforming partner factories (including solar powered)into "Groyyo Standard" facilities. By implementing cutting-edge technology and global compliance frameworks, the company ensures its partner manufacturers operate with maximum efficiency and meet international quality benchmarks.

Groyyo is on track to achieve a run rate of INR 450–500 crore by the end of FY25, driven by robust growth in its design-led export business and optimized supply chain operations. With gross profit margins touching 20%, the company’s focus on value creation and operational frugality has been instrumental in sustaining positive EBITDA for the past three to four months.

Commenting on the milestone, Subin Mitra, CEO & Co-founder of Groyyo, said, "Becoming EBITDA positive is a testament to the strength of our business model and our team’s relentless pursuit of excellence. By combining cutting-edge design capabilities with a strong emphasis on technology and efficiency, we are not only enabling global manufacturers but also redefining what it means to be a trusted partner in the supply chain ecosystem. This milestone motivates us to aim higher as we expand our global footprint and solidify our position as a leader in the industry.”

Groyyo has also been strengthening its leadership team with key hires.

Groyyo, Asia’s fastest-growing manufacturing tech and consulting company, announced that it is now EBITDA positive, marking a significant milestone in its journey toward sustainable profitability. This achievement is a result of Groyyo’s focused business strategy and operational excellence, positioning it as a key enabler of global manufacturing and supply chain solutions. Groyyo’s strategy is anchored in exporting over 90% of its output to marquee international clients, including industry giants like Next, Mango, Inditex (Zara Parent), Ross, and the Bestseller Group. The company’s growth is propelled by Groyyo Design Studio, which curates in-house designs tailored to client requirements, making design-led exports a core competitive advantage. In addition, Groyyo Consulting has played a pivotal role in transforming partner factories (including solar powered)into Groyyo Standard facilities. By implementing cutting-edge technology and global compliance frameworks, the company ensures its partner manufacturers operate with maximum efficiency and meet international quality benchmarks. Groyyo is on track to achieve a run rate of INR 450–500 crore by the end of FY25, driven by robust growth in its design-led export business and optimized supply chain operations. With gross profit margins touching 20%, the company’s focus on value creation and operational frugality has been instrumental in sustaining positive EBITDA for the past three to four months. Commenting on the milestone, Subin Mitra, CEO & Co-founder of Groyyo, said, Becoming EBITDA positive is a testament to the strength of our business model and our team’s relentless pursuit of excellence. By combining cutting-edge design capabilities with a strong emphasis on technology and efficiency, we are not only enabling global manufacturers but also redefining what it means to be a trusted partner in the supply chain ecosystem. This milestone motivates us to aim higher as we expand our global footprint and solidify our position as a leader in the industry.” Groyyo has also been strengthening its leadership team with key hires.

Infrastructure Transport

07 Apr 2026

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Infrastructure Energy

07 Apr 2026

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..