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Punj Lloyd eyeing to expand small-arms manufacturing unit in Gwalior: Report

16 Nov 2018 Evaluate

Punj Lloyd is reportedly eyeing to expand the scope of its small-arms manufacturing facility in Gwalior in the state of Madhya Pradesh. The unit is likely to start making small-arms such as pistols, mostly for exports, by January 2019. The facility has been mainly focused on exports of assembly components for small-arms.

Punj Lloyd is a diversified international conglomerate offering EPC services in Energy and Infrastructure along with engineering and manufacturing capabilities in the Defence sector.

Peers
Company Name CMP
Larsen & Toubro 3845.00
Kalpataru Projects 1397.60
NCC 133.45
Rail Vikas Nigam 207.00
KEC International 395.45
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