Elitecon International Signs USD 97.35 Million Export Agreement, Strengthening Its Global Manufacturing Footprint

▴ Elitecon Internationa
Elitecon International Limited (EIL) has signed a USD 97.35 million (approximately INR 8.75 billion) multi-year export agreement with Yuvi International Trade FZE, a UAE based distribution company, marking a significant, high-value export deal milestone in India’s FMCG-tobacco segment.

New Delhi, December 17, 2025:
Elitecon International Limited (EIL) has signed a USD 97.35 million (approximately INR 8.75 billion) multi-year export agreement with Yuvi International Trade FZE, a UAE based distribution company, marking a significant, high-value export deal milestone in India’s FMCG-tobacco segment. 

The export agreement strengthens Elitecon’s economic and trade footprint in Middle Eastern markets, particularly the UAE, and aligns with the broader momentum of India-UAE trade engagement under CEPA-led economic cooperation. The mandate reflects India’s growing position as a competitive manufacturing and export base for finished consumer products, while reinforcing Elitecon’s role as a supplier of finished, value-added FMCG products rather than raw or intermediary commodities.

Vipin Sharma, Managing Director, Elitecon International, said “The multi-year export agreement marks a significant milestone for Elitecon and reflects sustained global demand for value-added FMCG products manufactured in India. We have been a committed  foreign-exchange contributor and this contract further supports India’s broader export-led growth agenda through value-added product exports. The mandate will enable us to scale further, creating many direct and ancillary employment across the value chain.”

The agreement reflects long-term buyer confidence in Elitecon’s manufacturing and delivery capabilities. Elitecon’s diversified, multi-format product portfolio includes cigarettes, sheesha premix, hookah tobacco, qiwam, scented jarda and smoking mixtures, highlighting its advanced formulation expertise and multi-product manufacturing capability across categories. Brands to be launched under the agreement include Kingsman, 7Leaf, Elante, The Elite One, Quad One, Al Noor, Al Sabha and Spark, reinforcing Elitecon’s ambition to build globally relevant consumer brands. 

The two-year export cycle activates multiple layers of India’s industrial value chain, spanning manufacturing, blending and formulation, inland logistics, freight operations, port handling and maritime shipping across factories, transportation networks, CHA teams, freight handling and port operations, contributing to economic activity and livelihoods across multiple regions of India. Each export cycle contributes to multi-sector economic ripple effects across regions and industries, strengthening allied industrial ecosystems.

Recognising the importance of long-term supply ecosystem stability, Elitecon undertakes farmer upliftment and capability-building initiatives under its broader CSR framework, focused on improving agricultural practices, productivity and resilience across farming-linked value chains. While these initiatives operate independently of the export agreement, the multi-year nature of export demand reinforces predictability and planning discipline across the extended value chain, supporting greater stability for farming-linked agricultural communities over time.

Elitecon currently exports to over 50 countries and has established strong international market penetration, supported by high-volume, export-ready manufacturing infrastructure, robust quality systems and process controls, to deliver world-ready FMCG-tobacco products at scale, reinforcing the company’s standing as a reliable and scalable exporter.

About Elitecon International Limited Founded in 1987 (erstwhile Kashiram Jain & Company Ltd), Elitecon International Limited is listed on the BSE. With over three decades of manufacturing and trading experience, the company operates across domestic and international markets, supported by scalable manufacturing capabilities and a diversified FMCG–tobacco portfolio.
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