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Premier Explosives Limited has received an order from Vikram Sarabhai Space Centre for production and supply of three sets of PSOM-XL Motors for their PSLV launch vehicle for a total value of Rs.3.45 Crores.
This new license will enable the Company a substantial saving on transportation cost.
The orders involve the supply of Primary Explosives Plant and fabrication and supply of R-III rocket motors.
The growth is owing to the rise in demand for minerals, coal, and rare earth metals, such as gold and silver, which are present inside the earth crust.
The multimode hand grenades can be used for offensive as well as defensive roles. They were handed over to the army chief by Nagpur-based Economic Explosives Ltd (EEL) in the presence of defence minister Rajnath Singh.