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Financial Reports
Import Curbs On Military Weapons | Manish Nuwal, Solar Industries | The Market
Import Curbs On Military Weapons | Manish Nuwal, Solar Industries | The Market
In a big push towards defence indigenisation, India on Monday approved restrictions on the import of an additional 108 military weapons and systems- how are you looking at these steps? In Q4 Defence sales fell by 26% YoY to Rs195mn as there was some disruption in new order processing and execution of existing orders due to the pandemic-led restrictions- what is the outlook? The company's defence order book stood strong- what kind of revenue growth can we see in defence- how do you see the orderbook? In the last couple of years, the government has taken a series of measures to boost the domestic defence industry- how have you looked at the defence procurement policy and these additional steps? Has there been softened demand from coal mining companies due to the pandemic? Has this impacted volumes? Watch the full interview with Manish Nuwal CEO & MD, Solar Industries on The Market!
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