Walchandnagar Industries

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Walchandnagar Industries Limited
Company type Public company
BSE:  507410
NSE:  WALCHANNAG
Industry Energy
Defense
Aerospace
Nuclear power
Industrial & Marine Transmissions
Propulsion systems
Founder Walchand Hirachand Doshi
Headquarters
Mumbai
,
India
Products Boilers
Power Generation
Services EPC
Turnkey projects
Revenue₹9.64 billion (US$110 million) (2010–11) [1]
₹169 million (US$2.0 million) (2010–11)
Parent Walchand group
Website www.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. Archived from the original on 29 May 2010. 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. Archived from the original on 11 February 2011. Retrieved 8 January 2012.
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