15:24 IST
NSE
Partnership
Ion Exchange (India) Partnership
Ion Exchange (India) Limited signed a technology transfer agreement with MANN + HUMMEL. The collaboration covers manufacturing PVDF Ultrafiltration membranes and Integrated Membrane Bioreactor systems in India. Ion Exchange will pay a 7.5% technology transfer fee on generated revenue. The partnership aims to reduce import dependence and strengthen the company's HYDRAMEM® solution portfolio.