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Premier Explosives ties-up with Nexter

13 Apr 2018 Evaluate

Premier Explosives (PEL) and the French defence company Nexter have decided to tie-up for manufacturing Bi-Modular Charge Systems (BMCS) in order to respond to the needs of the Indian Ministry of Defence. The partners responded to the BMCS RFP (Request for Proposal) relative to a 10 year contract by manufacturing in India, combining the experience of Nexter with the pyrotechnics knowledge of PEL. 

The proposed product, which is the key of artillery propulsion, is 100% designed within NEXTER Group in accordance with the Indian technical requirements. Through a long-term partnership, PEL and Nexter are willing to build up one of the first Indian private manufacturers of ammunition. This project responds to the Indian government objective to develop a private robust source of ammunition.

Premier Explosives is a prominent player in manufacturing solid propellants for India's prestigious missile programs like Akash, Astra, and LRSAM.

Premier Explosives Share Price

501.50 7.05 (1.43%)
17-Apr-2026 16:59 View Price Chart
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