Sunita Tools Secures NATO Artillery Shell Contract Worth ₹240 Million Monthly

Sunita Tools Ltd announced that it has received a contract to manufacture and supply 240,000 NATO artillery shells. The agreement highlights the company’s growing presence in defense manufacturing and aligns with India’s push for self-reliance in defense production. Management stated that monthly billing of ₹240 million will commence after completion of procedural formalities.  

Key Highlights  

• Sunita Tools signs contract for 240,000 NATO artillery shells  
• Monthly billing of ₹240 million to start post formalities  
• Deal strengthens company’s footprint in defense manufacturing sector  
• Contract reflects rising demand for indigenous defense production in India  
• Management views the agreement as a long-term growth opportunity  

Strategic Impact  
The contract underscores Sunita Tools’ increasing role in India’s defense ecosystem, supporting the government’s Make in India initiative. Analysts note that the deal provides stable revenue visibility and positions the company as a credible supplier in global defense supply chains. The agreement also highlights India’s growing participation in NATO-standard defense manufacturing, boosting both domestic industry and export potential.  

Sources: Reuters, Economic Times, Business Standard