Mumbai, July 17 -- The order was awarded through the Government e-Marketplace (GeM) and is scheduled to be executed within six months, the company said.

Time Technoplast said the contract reflects the accelerating adoption of composite LPG cylinders by India's oil marketing companies, driven by their enhanced safety, lightweight construction and improved consumer convenience. The company added that the order reinforces its leadership in the composite cylinder segment and supports the transition towards modern, customer-centric LPG distribution.

The company noted that the order assumes added significance as HPCL has recently introduced a distribution model for composite LPG cylinders through leading quick-commerce platforms, enabling on-...