13-Oct-2026 14:38:01
AARTIIND : SIGNS 10+ YEAR SUPPLY AGREEMENT WORTH OVER RS 1,500 CR
• 10+ year dedicated manufacturing and supply agreement with a leading global speciality chemical company; establishes a new customer relationship for AIL • Estimated revenue potential of ~₹1,500 Cr (about US$150 million) over the contract term • AIL to set up, commission and operate a dedicated manufacturing facility in India for a speciality chemical used in high-performance applications • Facility to use the customer's proprietary process technology with a structured financial arrangement to finance capex of less than US$25 million • Commercial operations expected to commence in FY2028-29, subject to applicable approvals • Localising manufacturing in India to support supply-chain resilience and the customer's growing India requirements
Aarti Industries Ltd
Open attachment