
Sunita Tools Secures OEM Qualification & Purchase Order from Indian Ordnance Factory
Sunita Tools Limited has announced receiving OEM qualification and a purchase order from an Ordnance Factory under the Government of India for the supply of Forging Empty Shells. The qualification involved a detailed due diligence and inspection process by the customer, confirming Sunita Tools' capabilities as a vendor and manufacturer. This development is considered a significant milestone for the company's Defence Division, reflecting investments in manufacturing infrastructure and production capabilities. The company anticipates this will strengthen its presence in the defence manufacturing sector and open new business avenues. The agreement will be converted to a Sales Agreement post clearance of the prototype batch.
Key Highlights
- Received OEM qualification and purchase order from Indian Ordnance Factory.
- Order is for the supply of Forging Empty Shells.
- Marks a significant milestone for the company's Defence Division.
- Expected to strengthen presence in the defence manufacturing sector.
Price Impact
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