Elitecon International Limited has bagged a two-year export contract worth USD 97.35 million from UAE-based Yuvi International Trade FZE for supplying cigarettes, sheesha, and allied tobacco products. The deal ensures stable export visibility, efficient capacity use, and a stronger presence in Middle Eastern markets, driving sustained growth.
Elitecon International Limited has secured a significant export contract valued at USD 97.35 million (approx. INR 8.75 billion) for the long-term supply of cigarettes, premix sheesha, hookah tobacco, smoking mixtures, and allied tobacco products. The two-year agreement, awarded by Yuvi International Trade FZE, a UAE-based entity, marks a major milestone in the company’s international growth strategy.
The deal provides steady export visibility for Elitecon over the contract period and enables efficient capacity utilization. It also enhances the company’s operational planning and strengthens its supply presence in key Middle Eastern markets, aligning with its broader vision of building a sustainable and scalable export-driven business model.
The deal provides steady export visibility for Elitecon over the contract period and enables efficient capacity utilization. It also enhances the company’s operational planning and strengthens its supply presence in key Middle Eastern markets, aligning with its broader vision of building a sustainable and scalable export-driven business model
Major Takeaways:
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Contract value: USD 97.35 million (approx. INR 8.75 billion)
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Duration: Two years
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Awarded by: Yuvi International Trade FZE (International Entity)
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Scope: Long-term supply of tobacco and related products
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Impact: Ensures steady export demand, operational efficiency, and long-term growth momentum
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Objective: Deepen market reach in the Middle East and reinforce export capabilities
Sources: BSE Corporate Announcement