Applied DNA Signs Five-Year License And Commercialization Agreement With Indus Group For CertainT Traceability Platform; Indus Consumes 450M Pounds Of Cotton Annually
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Applied DNA Sciences has signed a five-year license and commercialization agreement with Indus Group for its CertainT traceability platform. Indus Group, which consumes 450 million pounds of cotton annually, will utilize the platform to ensure traceability in its supply chain.
July 25, 2024 | 1:13 pm
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Applied DNA Sciences has entered into a significant five-year agreement with Indus Group to provide its CertainT traceability platform. This partnership is expected to enhance supply chain transparency for Indus Group, which consumes a substantial amount of cotton annually.
The five-year agreement with a major consumer of cotton like Indus Group is likely to boost Applied DNA Sciences' revenue and market presence. The use of the CertainT platform by a large player in the textile industry underscores the platform's value and could lead to further adoption by other companies.
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