Godfrey Phillips inks 9-year exclusive contract manufacturing deal with Polisetty Somasundaram
Godfrey Phillips India has signed a nine-year pact with Polisetty Somasundaram Tobacco Products for exclusive contract manufacturing of cigarettes and tobacco products, expanding its production capacity. Polisetty will commission the dedicated facility within 12 months. Shares traded at ₹2,310.45, up 0.46%.
Godfrey Phillips India signed a 9-year contract manufacturing pact with Polisetty Somasundaram Tobacco to make cigarettes and tobacco products exclusively for the company, augmenting production capacity. Polisetty will set up the facility within 12 months.