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Private Sector | Not Classified - india | PID: 202351
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Aarti Industries (AIL) has signed a long-term agreement with a multinational conglomerate for the supply of a niche speciality chemical. The contract is worth over Rs 6,000 crore
The product has been an integral part to AIL's long-term growth strategy, and its volume has expanded over the past four to five years. The contract entails supply of the chemical for a period of four years
The company, known for its manufacturing excellence and proficiency across a diverse array of products and chemistries, will further broaden its presence in the industry, with this alliance. AIL's ongoing capital expenditure program would meet the contract requirements
AIL will continue to leverage its expertise with focus on innovation and research and development (R&D), along with sustainability aspect, to establish additional partnerships in the future
| Updated on: 19 - Jan - 2024
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