Solar Industries India Ltd Lands ₹21.50 Billion Export Deal in Defense Sector

Solar Industries India Ltd and its subsidiary have bagged export orders worth ₹21.50 billion for cutting-edge defense products. The orders, to be completed in four years, are a major milestone in the company's expansion of its global defense business. This win is preceded by recent order victories, including a ₹3.99 billion order for export in November 2024. The success of Solar Industries supports the company's role as a reliable exporter of state-of-the-art defense solutions and adding strength to India's capability building in the industry. The shares jumped strongly on the National Stock Exchange to the good news.

 

Source: India Infoline, Economic Times, February 28, 2025