Aarti Industries has entered into a 10+ year dedicated manufacturing and supply agreement with a leading global speciality chemical company serving diverse industries with a cumulative revenue potential of around Rs 1500 crore (about $150 million) over its contract term. The agreement establishes a new customer relationship for the company and supports the customer’s expanding requirements in India.
The company will set up, commission, and operate a dedicated manufacturing facility in India for a speciality chemical used in high-performance applications, based on the customer's proprietary process technology and a structured financial arrangement to finance CAPEX of less than $25 million. The model combines global technology with the company’s process scale-up, engineering, and operating capabilities to provide a critical manufacturing outsourcing solution to global companies. Commercial operations are expected to commence in FY2028-29, subject to applicable approvals.
By localising manufacturing through a dedicated Indian setup, this arrangement will support supply-chain resilience and the customer’s growth plans in India. For the company, the agreement broadens its global customer base, strengthens its strategic manufacturing portfolio and creates a platform to deepen the relationship as the customer’s India requirements grow.
Aarti Industries (AIL) is a leading Indian manufacturer of speciality chemicals and pharmaceuticals with a global footprint.
