Aarti Industries inks long term manufacturing and supply agreement of USD 150 million

Aarti Industries (AIL) announced that it 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 approximately Rs 1500 crore (about US$150 million) over its contract term.

AIL 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 US$25 million.

The model combines global technology with AIL'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 AIL, 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.