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Kiri Industries Ltd., manufacturer and exporter of dyes, has bagged a $20 million per annum (approximately Rs 100 crore) export order for supplies to South East Asia, which is over and above the normal expected sales targeted in the current financial year.
KIL also owns DyStar, the world’s largest dyestuff company, with operations across the world, and sales of approximately $800 million. Mr. Manish Kiri, MD of KIL was confident that the landmark order will allow KIL to penetrate into one of the largest textile producers globally with its entire product range.
KIL has a product mix of specialty products and commodity products together as one basket allowing KIL to increase its average sales price and average margins.
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