MoneyWorks4Me

Premier Explosives gets Arms license to manufacture Ammonium Perchlorate

26 Oct 2018 Evaluate

Premier Explosives has received Arms license from the Arms License Issuance Authority, Department of Industrial Policy and Promotion (DIPP) for the manufacturing of Ammonium Perchlorate at the company’s Peddakandukuru plant with an annual capacity of 1,000 tons per annum.

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

Peers
Company Name CMP
Godrej Industries 1050.00
SRF 2434.70
BASF India 3439.60
Pidilite Inds. 1470.00
Tata Chemicals 613.05
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