Jubilant Ingrevia's Unit Inks Manufacturing Deal with Leading Agrochemical Innovator

Jubilant Agro Sciences Ltd, a subsidiary of Jubilant Ingrevia Ltd, has signed a manufacturing agreement with a major agrochemical company to produce an agro intermediate. The agreement entails mutual confidentiality and promises revenue of over USD 300 million from the supplies over the coming years. JASL will invest in production facilities and expects a synergistic relationship leveraging both parties' strengths.

Jubilant Ingrevia Ltd's subsidiary, Jubilant Agro Sciences Ltd (JASL), has announced a manufacturing pact with a prominent agrochemical company. This agreement involves producing an agro intermediate under a mutual confidentiality agreement, as per a regulatory filing.

The unnamed customer, described as a 'multibillion dollar company' and a leading agrochemical innovator, is expected to generate revenue exceeding USD 300 million from the supplies over the next few years. JASL will invest in the necessary manufacturing facilities.

This collaboration aims to create a synergistic relationship, blending JASL's manufacturing expertise with the customer's technological prowess, global distribution network, and established brand in the agrarian sector.

(With inputs from agencies.)