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N.A.N. Enaex to invest Rs 750 crore in explosives manufacturing facility in India

Published: 27/10/26 08:03
New Delhi | India

New Delhi, Oct 27 (UNI) N.A.N. Enaex, a 50:50 joint venture between India's N.A.N. GreenMet and Chile-based blasting solutions company Enaex S.A., plans to invest Rs 750 crore to establish an integrated explosives manufacturing facility in India, with commercial operations expected to begin in 2027. The company aims to tap India's growing mining and infrastructure sectors, targeting revenue of around USD 300 million from the Indian market, which it expects to contribute about 10 per cent of its global sales. The joint venture will offer emulsion explosives, electronic detonator systems, digital blasting solutions and artificial intelligence-enabled tools, along with services…

News Details

Words:
102
Type:
TEXT
Slug:
BUSINESS EXPLOSIVE MANUFACTURE NAN ENAEX
Source
UNI India
Category
,
Published At
27/10/26 08:03
Last updated
27/10/26 08:03
Location
New Delhi, India

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