Solar Industries India’s wholly owned subsidiary -- Economic Explosive (EEL) has inked contracts with Ministry of Defence for supply of Area Denial Munition (ADM) Type-1 (DPICM) and High Explosive Pre-Fragmented (HEPF) Mk-1 (Enhanced) rockets respectively for PINAKA Multiple Launcher Rocket System (MLRS). The contract is valued at Rs 6084 crore and to be executed in 8 to 15 years with 86% of the contract is to be executed within 10 years.
Defence Research and Development Organisation (DRDO) has nominated EEL as production agency for all the variations of Pinaka Rocket System. This contract will not only drive revenue growth of defence products, but also open new opportunities and establish the company’s prominence in indigenous defense manufacturing.
Solar Industries India is a Dynamic & Energetic company that continues to grow sustainably over the years.
