| Industrial Explosives & Initiating Systems | Manufacturing explosives and initiation devices for mining, infrastructure, and construction. | Strong client relationships with Coal India, exclusive contracts, advanced manufacturing tech. | B2B focus serving mining companies, infrastructure contractors, and government entities. | Packaged explosives and specialized initiation devices. | 6000 | 80 | Direct sales contracts, bulk order supplies to mining companies and infrastructure projects. | Contractual fixed pricing with long-term supply agreements and volume-based pricing. | Infrastructure development, mining industry demand, exports expansion. | Solar Explosives packaged emulsions, bulk explosives, detonators |
| Defense & Aerospace | Manufacturing defense-grade ammunition, propellants, warhead filling, and aerospace manufacturing. | Technological expertise, first mover in private defense sector, strategic partnerships with European firms. | B2G primarily; Indian Ministry of Defence and global defense agencies. | Ammunition and high technology defense manufacturing. | 1500 | 20 | Government defense contracts, strategic partnerships, and technology transfer agreements. | Government procurement tenders with milestone-based payments. | ‘Make in India’ defense initiatives, indigenization of ammunition, new aerospace projects. | Solar Defence and Aerospace Limited products including ammunition, propellants, electronic detonators, and aerospace components |
