Walchandnagar Industries Explained

Walchandnagar Industries Limited
Type:Public company
Traded As:
Founder:Walchand Hirachand Doshi
Location City:Mumbai
Location Country:India
Industry:Energy
Defense
Aerospace
Nuclear power
Industrial & Marine Transmissions
Propulsion systems
Products:Boilers
Power Generation
Services:EPC
Turnkey projects
Revenue: (2010–11)[1]
Net Income: (2010–11)

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]

Notes and References

  1. Web site: Audited Financial Results for the Quarter and Year Ended 30-09-2011. 2012-01-08.
  2. Web site: Walchandnagar Industries Ltd . Walchand.com . 1919-04-05 . 2010-09-28.
  3. News: The US Is Overreacting. Outlook India. 1998-11-30. 2012-01-08.
  4. Web site: Defense Contractors. FAS. 2012-01-08.
  5. Web site: Singh. Sandeep. 2019-09-19. Walchandnagar Industries Wins Over Rs 77-Crore Order From ISRO, Shares Surge. 2021-01-20. NDTV.com.
  6. Web site: Testimony of Gary Milhollin. Senate Committee on Homeland Security & Governmental Affairs. 2001-11-07. 2012-01-08.