SBL Energy has taken a significant step towards strengthening the nation’s defence and industrial capabilities by inaugurating a new TNT manufacturing plant at its 225-acre facility in Yenvera, Nagpur, Maharashtra.
This plant is only the second such initiative in India’s private sector, boasting a production capacity of 3,000 tons per annum. The facility is dedicated solely to exports, aiming to triple the company’s export reach to markets in Australia, Europe, and the United States.
The inauguration of the plant on September 3, 2024, by former Indian Defence Secretary Dr. Ajay Kumar, marks a pivotal moment in SBL Energy’s growth strategy.
The leadership team, including CEO Alok Choudhari, President Divyansh Choudhari, and Col. Shailendra Pathak, President of the Defence Vertical, were present during the ceremony.
Chairman Sanjay Choudhari highlighted the significance of the new facility, stating, “Our TNT plant is poised to meet the increasing demand for explosives driven by industrialization, construction, infrastructure development, and mining activities. This plant is integral to our strategic vision of bolstering India’s defence infrastructure and promoting self-reliance, in line with the government’s mission to enhance indigenous production and defence exports.”
The plant will not only reduce India’s dependence on imported TNT but also ensure supply security and cost efficiency, particularly for the defence sector. It supports the production of a wide range of munitions, including bombs and artillery shells, and will play a crucial role in modernizing India’s arsenals with more reliable and potent explosives.
This new venture is part of SBL Energy’s broader strategy to expand its manufacturing footprint in India. Earlier this year, the company secured INR 325 crore in growth capital from marquee investors, which has been strategically deployed to fuel this expansion. With plans to establish another TNT plant of similar capacity in the future, SBL Energy continues to reinforce its position as a key player in both industrial and defence sectors, contributing to India’s geopolitical influence through the supply of critical defence materials.