Walchandnagar Industries and Indian Space Research Organization’s Vikram Sarabhai Space Centre (VSSC) have entered into a contract. As per the contract, Walchandnagar Industries will manufacture and supply ‘S -139 End Segments’ for the Polar Satellite Launch Vehicle (PSLV) program.
The contract value is Rs 96 crore plus escalation and is likely to be executed over a period of three years. This is the company’s highest ever single order received from VSSC and is seen as a major boost for the company’s Aerospace business.
Walchandnagar Industries is a high-tech heavy engineering company, manufacturing critical equipment for India's diverse requirements in the field of defence, nuclear power and space programmes.