India, March 5 -- Aarti Industries Limited (AIL) has announced a material amendment to its exclusive long-term supply agreement with a leading global chemical company, strengthening their strategic partnership and expanding the scope of collaboration.
As part of the revised arrangement, the company will undertake a backward integration project to manufacture a key feedstock in-house, which was previously supplied by the customer. This move will transition the production process to a more integrated, end-to-end manufacturing model for a high-value specialty chemical intermediate.
AIL plans to invest around ?200–250 crore over the next two years to set up the backward-integrated facility. The plant will be established at its existing ...