New Delhi, June 2 -- Solar Industries India Ltd (SIIL), a leading manufacturer of explosives and initiating systems, has announced a significant contract win worth Rs 402 crore from Coal India Ltd (CIL).

The agreement entails the supply of cartridge explosives and accessories over a two-year period.

This contract underscores SIIL's robust presence in the mining sector, particularly in providing essential materials for coal extraction processes.

The company's expertise in manufacturing bulk explosives, packaged explosives, and initiating systems positions it as a key player in supporting India's mining and infrastructure industries.

In addition to its mining sector engagements, SIIL has diversified into the defence sector since 2010, p...