MoneyWorks4Me

Premier Explosives receives Arms License from DIPP

10 Nov 2018 Evaluate

Premier Explosives has received Arms License from Arms License Issuance Authority, Department of Industrial Policy and Promotion (DIPP) for manufacture of Medium calibre Ammunition (20mm to 57mm), Large calibre Ammunition (APFSDS and BMCS), Sub-assemblies for ammunition, Single base/Double base/Triple base / Multi base propellants and RDX & HMX and compounds thereof at the company’s Greenfield Katepally plant.

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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