Solar Industries: Is it exploding its way to success?
Live MintDefence segment offers opportunities for growth and margin expansion Over the past 10 years, Solar has developed several defence products - high energy materials, composite propellants for Pinaka, Akash, Brahmos, etc., explosive filling of ammunitions, mines, multimode grenades and warheads, fuses, pyros and ignitors and rocket/missile integration. Solar’s presence in the following sectors Solar’s Presence in the following Sectors Solar Industries is at an interesting phase, given brightening prospects and its upcoming capabilities in defence. Company’s Centre of Excellence facility for life cycle assessment is one of its kind in Asia and is likely to further hone Solar’s capabilities in assuring quality of both raw materials and finished products. Centre of Excellence for life cycle assessment - An understated glory As a result of its focus on R&D, Solar has developed a number of products such as electronic detonators, three-layer shock tube, new bulk products or alternate formulations for permitted P-3 and P-5 explosives besides developments in high-energy materials for various defence items.
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