Manufacturer of advanced pharmaceutical intermediates and specialty chemicals
Ami Organics Limited has announced that the company has inked a non-binding MOU with a global manufacturer of electrolytes for manufacturing of electrolytes for battery cells and allied materials in Gujarat, India.

It is said that the company will also sign an MoU with Gujarat government for investment amounting upto Rs 300 crore to establish a dedicated manufacturing facility for electrolytes business in the state during the Vibrant Gujarat Summit 2024.

The MOU reflects the Ami Organics strategic foresights in aligning with the transformative industry trends in battery chemicals space. This product aligns with the Government's Make in India initiative.

Naresh Patel, Executive Chairman & Managing Director, Ami Organics Limited, said,"It gives me immense pride to announce this landmark MOU, first for Ami Organics with a global manufacturer of Electrolytes. We are privileged to build a longterm association as we collaborate with an illustrious name in the industry, which not only instils confidence in us but also builds a path to broaden our scope in the battery chemicals space. This is a first of the several milestones to come that highlight our commitment towards establishing a stronghold in the niche specialty chemicals segment with high entry barriers and low competition."