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Premier Explosives receives Arms Licence for manufacture of warheads, fuses in Telangana

28 Sep 2020 Evaluate

Premier Explosives has received Arms Licence from Arms Licence Issuance Authority, Department for Promotion of Industry and Internal Trade (DPIIT) under Arms Act, 1959 for the manufacture of all types of warheads and fuses at Katepally Village, Motakondur Mandal, Yadadri Bhuvanagiri District, in the State of Telangana. This licence enables the company to enter into new business area in defence explosives.

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 614.70
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