Walchandnagar Industries, VSSC enter into contract for PSLV program

23 Jan 2019 Evaluate

Walchandnagar Industries and Indian Space Research Organization’s Vikram Sarabhai Space Centre (VSSC) have entered into a contract. As per the contract, Walchandnagar Industries will manufacture and supply ‘S -139 End Segments’ for the Polar Satellite Launch Vehicle (PSLV) program.

The contract value is Rs 96 crore plus escalation and is likely to be executed over a period of three years. This is the company’s highest ever single order received from VSSC and is seen as a major boost for the company’s Aerospace business.

Walchandnagar Industries is a high-tech heavy engineering company, manufacturing critical equipment for India's diverse requirements in the field of defence, nuclear power and space programmes.

Walchandnagar Inds Share Price

152.95 -8.05 (-5.00%)
11-Mar-2025 12:00 View Price Chart
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