The Economic Times

Anupam Rasayan signs USD 300 mn LOI with Spain's BasqueVolt for battery chemical supply

Anupam Rasayan India Ltd has signed a preliminary agreement with BasqueVolt SA. This non-binding letter of intent could generate USD 300 million in revenue. The deal explores supplying specialty chemicals for solid-state batteries over ten years. Anupam Rasayan's investments position it well for emerging electronic chemical opportunities. This agreement reflects the company's strategic push into the electronic chemicals segment.