The new plant is planned on 800 acres in Solan districtSMPP, a leading designer and defence equipment manufacturer, plans to raise ₹580 crore to set up an ammunition manufacturing facility through its wholly-owned subsidiary SMPP Ammunition. The new plant will come up on 800 acres at Solan in Himachal Pradesh.The company will use about ₹437 crore to finance the capital expenditure towards construction of buildings and land development and procurement of plant and machinery for the plant.The project includes making explosive storage magazines, bi-modular charge system assembly facilities, primer manufacturing facility, non-destructive testing facilities, critical utilities and explosive effluent treatment
Know MoreSMPP is planning to raise ₹580 crore of fresh capital to establish a new facility which is anticipated to be the largest private-sector ammunition manufacturing site in India, covering an area of 800 acres in Himachal PradeshSMPP Ltd, an Indian designer and manufacturer of defence equipment and protection kits for land, air and sea platforms said it would showcase proprietary ‘black diamond’ technology at the Aero India show 2025 to be held in Bengaluru from 10-14 February, to increase exports.Boron carbide (known as black diamond) is one of the hardest and light weight materials and its products are especially suitable for light armor solutions. “We
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