Friday, Apr 19 2024 | Time 06:21 Hrs(IST)
image
Business EconomyPosted at: Mar 23 2023 2:11PM


Anupam Rasayan signs LoI worth USD 120 Million with a leading Japanese Chemical Co

Mumbai, Mar 23 (UNI) Anupam Rasayan on Thursday said it has signed Letter of Intent worth revenue of USD120 Mn (Rs 984 crores) for next six years with one of the leading Japanese Chemical company to supply new age advance intermediate for life science active ingredient.
Speaking about the contract, Anand Desai, Managing Director of Anupam Rasayan, said, "We are excited to announce that we will be primary supplier globally for this new age high value advance intermediate to the Japanese customer. We are happy to add yet another marquee Japanese multinational in our customer portfolio. Sales realisation for this molecule will be one of the highest for the company. This molecule is based on fluorination chemistry which further validates our strategy of expansion in fluorination.
This product is being manufactured for the first time in India and it is in line with the government's make in India policy. This LOI demonstrates our technical capability to work on niche molecule along with Japanese customers and strengthens our revenue growth visibility in the coming years."
UNI JS SY RKM
Please log in to get detailed story.
Tags: #Anupam Rasayan signs LoI worth USD 120 Million with a leading Japanese Chemical Co
More News

Bajaj Auto net profit at Rs 1936 cr in Q4; clocks all-time high revenue in FY24

18 Apr 2024 | 6:46 PM

New Delhi, Apr 18 (UNI) Two wheeler auto major Bajaj Auto on Thursday announced 29 percent jump in its revenue in Q4 (January-March) at 11,485 crore, led by the broad based buoyancy that was sustained on the domestic business and aided by steady exports.

see more..

Entering share market can boost growth of SMEs: Infopark event

18 Apr 2024 | 6:31 PM

Kochi, Apr 18 (UNI) Small and marginal companies in Kerala enjoy immense scope for growth by entering the stock market, experts said at an Infopark-organised event here on Thursday.

see more..

18 Apr 2024 | 6:09 PM

New Delhi, Apr 18 (UNI) Angle One, a retail stock broking house in India, today announced 31 per cent jump in net profit at Rs 340 crore during Q4 of the last financial year over Rs 260.3 crore in the previous quarter.

see more..

Microsoft and ByteXL join hands to Present HackXcelerate 2024 at CBIT in Hyderabad

18 Apr 2024 | 5:57 PM

Hyderabad, Apr 18 (UNI) Microsoft, a global technology leader, has joined hands with ByteXL, a pioneering EdTech platform, to present HackXcelerate 2024, a nationwide hackathon aimed at igniting creativity and enhancing problem-solving skills among students.

see more..

Honda Motorcycle & Scooter India inaugurates new Engine Assembly Line for CKD exports

18 Apr 2024 | 5:46 PM

Gurugram, Apr 18 (UNI) Honda Motorcycle & Scooter India (HMSI), one of the country’s leading two-wheeler manufacturers, has announced a significant milestone in its journey.

see more..
image