Premier Explosives gets approval for construction of factory at Katepally

24 Oct 2017 Evaluate

Premier Explosives has received the approval for the drawings of manufacturing factory at Katepally village. The company would manufacture HMX, ammunition, solid propellants and warheads at this Greenfield project which is located about 80 km from Hyderabad.

Premier Explosives had already received Industrial Licences for these products. With receipt of this approval, the company can now start construction of the plant and plans to complete it by December 2018.

Premier Explosives is one of the major companies manufacturing the entire range of explosives and accessories for the civil requirement. The company is the first manufacturer in India to deploy totally indigenous technology.

Premier Explosives Share Price

436.00 8.10 (1.89%)
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