Aiming to become the first domestic missile integration company in the private sector, industrial explosives maker Solar Industries India Ltd (SIIL) is developing a missile assembly facility in Maharashtra which is expected to be completed by January next year.
The Nagpur-based company entered the defence sector over four years ago.
It has set up India's first plant for manufacturing the explosive HMX in the private sector, a large composite propellant plant and facilities for producing various other products like pyros and warheads.
"Since we are already manufacturing the key components for missiles like the war heads, propellants, explosives, among others, we thought we should go a step ahead and develop a facility to integrate all the components to develop a complete missile," the company's Managing Director and CEO Manish Nuwal told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)