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"Similarly, we will increase the capacity of all other defence related products and also introduce some new solutions," he said. "India still depends largely on import of explosives for the defence sector. "Earlier we required less quantity of HMX, but now with the defence sector opening up, we will increase the capacity to 300 MTPA.The company plans to invest up to Rs 175 crore every year for the next three-four years to enhance its manufacturing capacity. The Nagpur-headquartered company manufactures explosives and accessories for mining and infrastructure sectors. "This demand, along with our latest foray into the defence sector, gives us confidence that we will be able to achieve revenues of around Rs 3,300 crore by FY19," he said. The company plans to invest up to Rs 175 crore every year for the next three-four years to enhance its manufacturing capacity. "Similarly, the government's focus on creating infrastructure will create a huge demand for our explosives and explosives accessories," the company's Chief Financial Officer Nilesh Panpalliya told PTI. But the Defence Procurement Policy and 'Make in India' initiative have given more emphasis on private participation and we think we have the necessary components and solutions to meet the demand of the sector and reduce dependency on imports," he said. Currently, the company exports Translucent Lipstick Tube to more than 25 countries and has manufacturing facilities in Nigeria, Zambia and Turkey. SII currently has a manufacturing capacity of 50 MTPA of HMX, which it plans to enhance to 300 MTPA. It is now setting up plants in South Africa and Australia as well. "With Coal India setting a target of 1 billion tonne production by 2020, we see this as a huge opportunity for our mining explosives as we are their largest suppliers. The company entered the defence sector four years ago and has set up India's first HMX plant in the private sector, a large composite propellant plant and facilities for producing other products like pyros and war heads. Mumbai: Industrial explosives manufacturer Solar Industries India is planning to ramp up its manufacturing capacity and introduce new solutions for the defence sector to achieve revenue of Rs 3,300 crore by 2018-19. The facility manufactures HMX and HMX-based compositions like Octol, Oma and Okfol for high explosive anti-tank ammunition and missiles like Akash, LR Sam, Invar and Konkur ادامه مطلب
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Police had also recovered victim’s scooty and fire arms used in robbery,” said Surender Kumar, DCP . A bullet pierced Sanjay Kumar’s neck and he collapsed on the spot, while Ashok Kumar sustained bullet injuries on neck and shoulder.The police said that on Friday, a Purple Vials Tube Eyeliner Cases PCR call was received around 8pm about a murder-cum-robbery on the main road in Najafgarh area near Chhawla stand. The robbers fled with his scooty and cash bag. He left his family and started living with arrested persons. Efforts are being done to arrest the remaining person including arm suppliers and to recover the remaining robbed cash, police said. He lured his five friends, including two juveniles, and told them that huge cash in new currency notes can be looted from the victim. New Delhi: An engineer along with his five associates, including two juveniles, was arrested in a murder-cum-robbery case in Najafgarh area on Sunday.During the investigation, the employees who worked at the shop in the past were questioned and on the basis of technical surveillance and local inputs, Dhyan Singh was detained.The victim said he was about to close his grocery shop during the late evening when two youth tried to snatch his bag containing Rs 80,000 new currency notes.. Thereafter, the accused developed grudge against the victim and wanted to settle score with him.“It has been found that both the juveniles apprehended in this case, had also been apprehended in Feb 2016 in a case of attempt to murder and robbery case whey they hit a businessman in the area of Nihal Vihar,” DCP added. When he raised an alarm, Sanjay Kumar, a fruit vendor, intervened, and the robbers fired upon them.Police has recovered the robbed cash amounting to Rs 11,000 from arrested accused.“Dhyan confessed of plotting entire robbery, on his tip off, a trap was laid near Dichaon bus depot and other accused Padam, Divakar, Sachin and two juveniles were apprehended. A PCR reached the spot and took both the victims to a nearby hospital where a person identified as Sanjay Kumar, a fruit seller, was declared dead while another injured, Ashok Kumar, a businessman, is still critical.Padam alias Chintu, one of the assailants had passed engineering degree from a private college in Vikas Puri but did not get a job. Later, it was found that the victim sacked him from the job last year over his habit of misappropriating money from the shop ادامه مطلب
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