Nagpur: Yantra India Limited (YIL), the PSU defense was carved from the Ambajhari Emajhari weaponry factory, while in talks with Middle Eastern countries to lend their expertise in establishing a factory to make 155mm caliber ammunition used in severe artillery such as the famous bofi from Dhanush weapons.
Agreement, if successful, will include sharing production procedures and other knowledge to prepare the factory.
The company has recently approached by a state in the Middle East planning to organize a factory.
“The setting under Yil, including plants in Nagpur, is the only type to make a shell,” said the source.
The name of the country has not been disclosed given the reason for security.
The factory has supplied shells to the Indian army.
However, because the requirements are now reduced to less than half of the factory capacity, YIL now, as an independent PSU, it is necessary to explore other people in business opportunities to defend themselves.
Why, or old Ambajhari factory, making empty rocket products and scallops for artillery armored weapon system.
“There are plans to export these caliber shells to the Middle East which is different from other countries,” said the source.
Blank shellfish filled with ammunition at the Factory Factory Estmana Chanda.
The factory is now under a different PSU, – Munitions India Limited (miles).
Charging will now be done as a commercial transaction by Mil.yil also explores the option to sell empty shells in foreign markets too.
“Yil must explore other markets because the book orders that exist from the army are not too healthy,” said the source.
“This is because the requirements continue to vary leading to a large decrease in orders from time to time.
At present, the company costs exceed the income from orders for the current year,” a long-term source added.
If the loss is installed than as a PSU it might be difficult to support the maturity.
This can lead to advanced machine assets under the company being discarded, said source.
Import orders will be completed within 2-3 years until then new companies need to be supported.
Yil also explores the scope of US manufacturing trains because the existing settings can also be used for that purpose.
This is part of the mandate after corporatization.