Archive · 17 Dec 2025
Elitecon Secures $97M UAE Export Deal
Elitecon International Ltd, an Indian company, has made a big deal with a company in the UAE called Yuvi International Trade FZE.
They will sell things like cigarettes and hookah tobacco to the Middle East for $97.35 million over two years.
This deal is important because it helps India sell more products to other countries.
The company's stock price went up by 5% because of this good news.
Elitecon makes and sells finished products, not just raw materials.
They already sell to over 50 countries.
Elitecon International Ltd signed a $97.35 million export agreement with Yuvi International Trade FZE in the UAE.
The two-year deal covers the supply of cigarettes, sheesha premix, hookah tobacco, and other tobacco-based products.
Eight brands, including Kingsman and 7Leaf, will be launched under this contract.
The deal supports India's export-led growth strategy and is aligned with India-UAE trade cooperation under CEPA.
Elitecon's stock price increased by 5%, hitting its upper circuit with a volume spurt of over 2.08 times.
- Who
- Elitecon International Ltd and Yuvi International Trade FZE
- What
- Signed a $97.35 million export agreement for FMCG tobacco products
- When
- Announced on December 16, 2025
- Where
- UAE and Middle Eastern markets
- Why
- To meet global demand for value-added FMCG products and support India's export-led growth strategy
- Company
- Elitecon International Ltd
- Deal Value
- $97.35 million (₹8.75 billion)
- Duration
- 2 years
- Products
- Cigarettes, sheesha premix, hookah tobacco, and other tobacco-based products
- Brands
- Kingsman, 7Leaf, Elante, The Elite One, Quad One, Al Noor, Al Sabha, Spark
- Stock Price
- ₹120.58 (up 5%)
- Volume Increase
- More than 2.08 times
- Export Markets
- Over 50 countries
