Deals7 Feb 2025, 02:34 am
Solar Industries India Ltd. Secures INR 6084 Crores Order from Ministry of Defence
AI Summary
Solar Industries India Ltd. has announced the receipt of an order worth INR 6084 Crores from the Ministry of Defence. The order, the biggest in the history of the Solar Group, is for the supply of Area Denial Munition (ADM) Type-1 (DPICM) and High Explosive Pre Fragmented (HEPF) Mk-1 (Enhanced) rockets for PINAKA Multiple Launcher Rocket System (MLRS). The contract, which will drive revenue growth and open new opportunities in indigenous defense manufacturing, is a testament to Solar Group's relentless work in the defense sector and its commitment to National Policies of Government of India promoting Make in India and Make for World as part of Atmanirbhar Bharat Abhiyan.
Key Highlights
- Solar Industries India Ltd. has received an order worth INR 6084 Crores from the Ministry of Defence.
- The order is for the supply of Area Denial Munition (ADM) Type-1 (DPICM) and High Explosive Pre Fragmented (HEPF) Mk-1 (Enhanced) rockets for PINAKA Multiple Launcher Rocket System (MLRS).
- This is the biggest contract in the history of the Solar Group.
- The contract will drive revenue growth and open new opportunities in indigenous defense manufacturing.
- Solar Group has been working relentlessly in the defense sector to realize the visionary National Policies of Government of India promoting Make in India and Make for World as part of Atmanirbhar Bharat Abhiyan.