India, Oct. 15 -- Sunita Tools Limited, a leading manufacturer of empty artillery shells, has announced a major capacity expansion to meet growing domestic and global demand.
Under the plan, the company will add two new production lines (Line 2 and Line 3), increasing its annual output from 1.1 lakh to 3.6 lakh shells within two years. The expansion will be backed by a Rs 126 crore investment.
The project includes a technology transfer (TOT) from a UK partner for presses and die design, while 99% of equipment will be sourced locally, aligning with the government's 'Make in India' initiative.
Line 2 is expected to be operational within a year, followed by Line 3 in the second year. The expansion will be funded through a mix of debt, promo...