Nagpur: from most of making cartridges and shellfish for the previous army as a former weaponry factory, the Defense of the PSU Yantra India Limited (YIL) also wanted to make the airplane parts.
Yil is a PSU based in the Nagpur center formed after the weapon’s factory corporation in October last year.
The Estmana Ambajhari weaponry is under Yil regardless of seven other units.
It was studied, the company was in talks with Hindustan Aeronautics Limited (things) to make parts for fixed and rotary winged aircraft.
The aircraft section is mainly made of aluminum and under Yil factories have machines to carry out the process.
A meeting has been held with things with other round talks scheduled immediately, the source said.
Talks have begun with other private aeronautics companies too, said source.
Yil has the capacity to make parts for aircraft and internal spare parts, said source.
After corporatization, Yil is also looking for orders outside the items made by the factory traditionally.
Lately, the company has pocketed RS150 Crore worthy of making axles for trains.
It also targets a greater order than RS450 Crore, also to make the US train, said source.
Learn, the company also targets the business of Earthmoving producers whose equipment is deployed in the infrastructure sector.
Negotiations are on a sophisticated stage with the main Earthmover equipment manufacturer to make wheels tracked for equipment.
Machines, such as combat tanks, also moves on a traced wheel.
Because weapons factories have machines and knowledge making traced wheels, even this sector is targeted, said source.
If successful, the agreement will provide additional business from RS1,000 Crore for more than two years.
Sources say, the company with which Yil in talks mainly depends on imports to get traced wheels.
It was studied, the plan was to take the company’s turnover to RS3,000 Crore in two to three years.
Now, as a company entity, it is looking for businesses from the defense and export sectors for existing products.
Among the main items that are currently made by Yil are shellfish for 155mm bofor weapons.
It has also made Rocket Pinaka besides developing a sophisticated version of the system.
Yantra India plans to make a plane section
