Aristo Bio-Tech & Lifescience Receives Order Worth ₹3.45 Crore
In a significant development for the Indian agrochemical industry, Aristo Bio-Tech & Lifescience Ltd (ABTL), an ISO-certified manufacturer of pesticides and agrochemicals since 2005, has secured a substantial domestic order worth ₹3.45 crore from Sinochem India Company Private Limited. This latest development is expected to boost ABTL’s revenue and further establish the company’s position as a reliable player in the domestic market.
As per the agreement, ABTL will supply Glyphosate Technical 95% w/w MIN to Sinochem India, with payment due in 90 days from the invoice date. The entire order is scheduled for delivery by July 15, 2025, which gives the company sufficient time to meet the demand and maintain its quality standards.
Sinochem India, a leading Chinese multinational corporation, has been actively involved in the Indian market for over two decades, focusing on the development of agricultural products, petrochemicals, and other chemicals. This order is a testament to ABTL’s capabilities and reputation in the industry, as Sinochem India has chosen to partner with the company for its high-quality products.
ABTL’s ISO certification, which was achieved in 2005, has been a significant factor in the company’s success. The certification is a recognition of ABTL’s commitment to quality, environment, and occupational health and safety. This certification has enabled the company to maintain high standards in its manufacturing processes, ensuring that its products meet the required quality and safety parameters.
The Indian agrochemical industry has been growing steadily over the years, driven by increasing demand for food and fiber. The government’s initiatives to promote agriculture and the growing awareness among farmers about the importance of using quality agrochemicals are also contributing to the growth of the industry. ABTL’s ability to capitalize on this trend is a testament to its strong market presence and competitive capabilities.
This order is also significant for ABTL from a financial perspective. The ₹3.45 crore worth of Glyphosate Technical 95% w/w MIN will contribute substantially to the company’s revenue and help to improve its bottom line. The company’s financial performance has been improving steadily over the past few years, and this order is expected to further boost its financials.
In conclusion, Aristo Bio-Tech & Lifescience Ltd’s receipt of an order worth ₹3.45 crore from Sinochem India Company Private Limited is a significant development for the company and the Indian agrochemical industry. This order reflects ABTL’s ability to meet the quality and delivery standards of its customers, as well as its commitment to providing high-quality products to the market. As the company continues to grow and expand its customer base, it is likely to remain a key player in the Indian agrochemical industry.
