Mumbai, March 6 -- Under target-based conditional distribution agreement, the company will supply products and services to the customers of API Pharma Pharmaceutical Trading in the Middle East region. The purpose of the agreement is to strengthen the company's market presence in the Middle East, expand its regional customer network and enhance export volumes, thereby contributing to the growth in foreign revenue.

The arrangement will help enhance the company's export footprint across sectors such as pharmaceutical manufacturing facilities, biopharmaceutical and life sciences, food & beverages and other process industries. The agreement provides for an initial three year performance period with defined annual and cumulative business targe...