Anupam Rasayan India Limited (ARIL), one of India’s leading custom synthesis & speciality chemical players, has received and signed Letter of Intent (LOI) amounting to Rs 1100 crore from one of the top ten Multinational Life Sciences Company, for supplying life sciences related speciality chemicals. The company will be providing multiple products in the category to the multinational firm for next five years.
Speaking about the order, Anand Desai, Managing Director of Anupam Rasayan, said, “Securing order from a leading multinational company in the light of prevailing global uncertainty is a testament to our Research & Development process, latest technology, infrastructure and the quality of our existing products.”
The speciality chemicals major is manufacturing products for over 53 domestic and international customers, including 17 multinational companies. As on December 31, 2020, revenue from operations from exports accounted for 61.38% of the total revenue.
The company has a long history of high customer retention and has been manufacturing products for select customers for over a decade. The company caters to a diverse base of Indian and global customers.