Premier Explosives has entered into a Memorandum of Understanding (MoU) with BF Utilities to consider forming a joint venture company to participate in the indigenisation of defence products. The MoU has been signed on February 07, 2014, at Defexpo India 2014, New Delhi by Mr. Amit B. Kalyani, Director of BF Utilities and Dr. A. N. Gupta, CMD of Premier Explosives, in the presence of Mr. Baba N. Kalyani, Chairman, Kalyani group of companies.
Premier Explosives is one of the major companies manufacturing the entire range of explosives and accessories for the civil requirement. The company is the first manufacturer in India to deploy totally indigenous technology.
| Company Name | CMP |
|---|---|
| BASF India | 3703.10 |
| Tata Chemicals | 709.05 |
| SRF | 2493.65 |
| Pidilite Inds. | 1393.25 |
| Deepak Nitrite | 1538.00 |
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