Excel Industries has signed a long-term agreement with a leading Multinational Company for the supply of a niche chemical. This contract, spanning 5 years, is projected to generate estimated revenue of Rs 50-70 crore for the company over the duration of the contract.
This agreement will be the starting point for the Excel’s entry into Contract Manufacturing. Excel Industries has over the years developed expertise in certain chemistries which will enable Excel to provide value added contract manufacturing offerings to customers.
Excel Industries, one of India’s first domestic chemical manufacturers. It is pioneers in indigenous chemical technology and sustainable waste management. Innovation has always been a key driving force at Excel.