Aarti Industries secures 10-year manufacturing agreement worth Rs1,500 Crore with global specialty chemical major
India, Oct. 13 -- The Mumbai-based speciality chemicals maker Aarti Industries Limited has lined up a long-term partnership with a global peer that could change how it serves overseas customers. The arrangement pairs the partner's proprietary know-how with Aarti's scale-up and engineering skills, and it will centre on a purpose-built facility in India. For the company, it widens the client base and adds supply-chain security at home. The announcement arrives after a strong first quarter and while management pushes ahead with wider growth plans.
Shares of Aarti Industries Ltd closed at Rs. 488.30, up 3.04 percent on Tuesday. The stock touched the intraday high of Rs. 498.40 after opening at Rs. 474.00 before slipping to a low of Rs. 463....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.