Deals18 Jul 2025, 04:30 pm
Vikas Ecotech Secures INR 28 Million Order from Polycab for Q2 FY 2025-26
AI Summary
Vikas Ecotech Limited has received a significant single order of 400 metric tonnes, valued at approximately INR 28 million, from Polycab India Limited for the supply of fire retardant materials during the second quarter of FY 2025-26. This repeat order underscores the trust placed in Vikas Ecotech’s product quality, technical reliability, and commitment to providing sustainable and safety-enhancing specialty materials. This development further cements Vikas Ecotech’s position as a preferred partner in the rapidly growing fire-retardant chemicals segment. The Indian fire retardant chemicals market is projected to grow at a CAGR of over 6% in the coming years, presenting a significant opportunity for Vikas Ecotech.
Key Highlights
- Vikas Ecotech has secured an order worth INR 28 million from Polycab India Limited.
- The order is for the supply of fire retardant materials during Q2 FY 2025-26.
- This is a repeat order, highlighting the trust placed in Vikas Ecotech's product quality and reliability.
- This development further strengthens Vikas Ecotech's position in the fire-retardant chemicals segment.
- The Indian fire retardant chemicals market is projected to grow at a CAGR of over 6% in the coming years.