Premier Explosives Secures Orders Worth Rs 552 Crore from Defence Ministry

NewsBharati    14-Jul-2023 11:43:39 AM
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Premier Explosives, a market leader in the explosives and defence industries, has reached a key milestone by receiving orders totaling Rs 552.26 crore. This significant commercial opportunity has been made possible by the company's remarkable track record and competence in the sector.
 
explosives 
 
Premier Explosives received an order for chaffs worth Rs 292.11 crore (including GST) from the Ministry of Defence and the Indian Air Force. It has also received an order for the sale of flares worth Rs 260.15 crore (including GST). These significant orders highlight the company's expanding importance in the defence industry.
 
Premier Explosives has established itself as a trustworthy partner in the defence industry, supplying crucial explosive goods and services. The company's contribution to the defence industry demonstrates its dedication to national security and emphasises its strong position as a trusted supplier to defence authorities.
 
Premier Explosives Ltd's primary business is the production and selling of high-energy materials. Bulk explosives, packaged explosives, and initiating systems are all part of its vast product line. These goods are used in sectors including mining, infrastructure, and construction. The firm has also expanded its product line to include propellants for missiles, rockets, and strap-on motors for satellite launch vehicles.
 
Premier Explosives Ltd also provides a comprehensive range of defence and space goods, such as chaff, infrared flares, explosive bolts, pyro devices, smoke markers, cable cutters, tear gas grenades and pyrogen igniters.
Source : dsij.in