Walchandnagar Industries

Walchandnagar Industries Limited
Company typePublic company
BSE: 507410
NSE: WALCHANNAG
IndustryEnergy
Defense
Aerospace
Nuclear power
Industrial & Marine Transmissions
Propulsion systems
FounderWalchand Hirachand Doshi
Headquarters
Mumbai
,
India
ProductsBoilers
Power Generation
ServicesEPC
Turnkey projects
Revenue₹9.64 billion (US$110 million) (2010–11)[1]
₹169 million (US$2.0 million) (2010–11)
ParentWalchand group
Websitewww.walchand.com

Walchandnagar Industries Limited (WIL) (NSE: WALCHANNAG, BSE: 507410) is a heavy engineering products and EP&C services company, based in Mumbai, India.

History

Walchandnagar Industries was founded by Walchand Hirachand Doshi in 1908.[2]

WIL was subject to sanctions by the United States following Pokhran-II[3] for its involvement in India's nuclear and space programs.[4][5] The sanctions were dropped in 2001.[6]

References

  1. ^ "Audited Financial Results for the Quarter and Year Ended 30-09-2011" (PDF). Retrieved 8 January 2012.
  2. ^ "Walchandnagar Industries Ltd". Walchand.com. 5 April 1919. Retrieved 28 September 2010.
  3. ^ "The US Is Overreacting". Outlook India. 30 November 1998. Retrieved 8 January 2012.
  4. ^ "Defense Contractors". FAS. Retrieved 8 January 2012.
  5. ^ Singh, Sandeep (19 September 2019). "Walchandnagar Industries Wins Over Rs 77-Crore Order From ISRO, Shares Surge". NDTV.com. Retrieved 20 January 2021.
  6. ^ "Testimony of Gary Milhollin". Senate Committee on Homeland Security & Governmental Affairs. 7 November 2001. Retrieved 8 January 2012.