SOLAR Industries, India’s largest manufacturer of explosives and initiating systems, and EURENCO, the European leader in energetic materials, announced a strategic partnership agreement to supply of Explosives, Propellants, Transfer of Technology projects and to a common offer for the Bi-Modular Charge System (BMCS) project in India during the EUROSATORY 2018 exhibition held in Paris-Villepinte on June 11-15, 2018.
SOLAR and EURENCO signed a preliminary Memorandum of Understanding (MoU) as far back as July 2016 to evaluate various cooperation options, including the BMCS project. With the strong will to reinforce their cooperation to address the Indian Army’s needs and future developments including export options, the two companies confirmed the strategic partnership for the supply of Propellants, Bombs, Ammunition filling and Modular Charges technologies under the ‘Make in India’ policy for the private sector.
