New Launch25 Jan 2026, 08:31 pm
Spice Islands Industries Ltd. Receives First Export Order from UAE Worth INR 13.8 Million
AI Summary
Spice Islands Industries Ltd. has announced its first international purchase order from Emazing Deals, UAE, for the supply of perfumes, amounting to USD 166,136 (INR 13.8 million). The company will execute this order by placing a corresponding purchase order with Sterling Perfumes Industries LLC, UAE, the owner of the globally recognized fragrance brand ARMAF. This strategic milestone marks the beginning of the company's Global Trade vertical, focusing on fragrances, personal care, and lifestyle products. The management believes this order reflects international confidence in their execution capabilities and signals their intent to expand into global markets, particularly across the Middle East and other high-growth regions.
Key Highlights
- Spice Islands Industries Ltd. receives first international purchase order from Emazing Deals, UAE, worth INR 13.8 million.
- The order will be executed by placing a corresponding purchase order with Sterling Perfumes Industries LLC, UAE, the owner of the ARMAF brand.
- This strategic milestone marks the beginning of the company's Global Trade vertical.
- The focus is on fragrances, personal care, and lifestyle products.
- The management sees this order as a reflection of international confidence in their execution capabilities and an intent to expand into global markets.