Walchandnagar Industries Limited (India) supplies infrastructure and facilities for the production of the surface-to-air short-range Akash missile and the launching systems for Agni and Akash missiles for the Indian arsenal. It also manufactures the main thrust motor casing segment for the intercontinental ballistic Agni-V missile.
Walchandnagar Industries Limited (“WIL”), based in India, is a heavy engineering and project execution company with activities in the areas of aerospace and defence, mining and metals, power plants, and other hi-tech and engineering sectors.
In the financial year ending 31 March 2017, WIL generated revenues of Rp 4.0 billion (€ 57.6 million), resulting in a net loss of Rp 642.6 million (€ 9.2 million).
Walchandnagar Industries Ltd.
3 Walchand Terraces, Tardeo Road,
Mumbai – 400 034, Maharashtra, India.
+91 (022) 4028 7110 / 2369 2295
WIL supplies critical equipment for India’s Nuclear Program, including infrastructure and facilities for the production of combustion chambers for the surface-to-air short-range Akash missile and the launching systems for Agni and Akash missiles. For the intercontinental ballistic Agni-V missile, WIL Aerospace department manufactured the main thrust motor casing segment. The Agni-V missile, which can carry a nuclear warhead of over one tonne, was first test fired in January 2015 and included in the Indian missile arsenal in December 2016. The Indian government stated in December 2016 it started work on the development of the Agni-VI.
The following financial institutions made approximately US$ 35 million available to this producer from January 2014 through October 2017.
- Bank of India (India)
- IFCI (India)
- Lalitabai Lalchand Charity (India)
- Life Insurance Corporation of India (India)
- Olsson Holdings (India)
- Reliance Group (India)
- Rodin Holdings (India)
- State Bank of India (India)
 Walchandnagar Industries, “About WIL”, Website Walchandnagar Industries (www.walchand.com/), viewed July 2017.
 Walchandnagar Industries, “Annual Report 2016-2017”, Walchandnagar Industries, July 2017 (www.walchand.com/wp-content/uploads/2017/07/Year-2016-2017.pdf).
 Walchandnagar Industries, “Defence & Missiles”, Website Walchandnagar Industries (www.walchand.com/business-area/defence-missile/), viewed June 2016July 2017;
Walchandnagar Industries, “Overview”, Website Walchandnagar Industries (www.walchand.com/about-us/company-profile/overview/,/), viewed June 2016July 2017.
 Walchandnagar Industries, “Walchandnagar’s Significant Contribution in the launch of Agni-V”, News release Walchandnagar Industries, 31 January 2015 (www.walchand.com/wp-content/uploads/2015/02/WIL-contribution-in-the-launch-of-Agni-V.pdf);
Shukla, A., “DRDO chief Chander exits with successful launch of Agni-5”, Website Business Standard, 31 January 2015 (www.business-standard.com/article/current-affairs/drdo-chief-chander-exits-with-successful-launch-of-agni-5-115013101091_1.html).
 Ghosh, D., “Successful test launch of AGNI V”, Press Information Bureau Government of India, 27 December 2016, (www.pib.nic.in/newsite/printrelease.aspx?relid=155897); Shukla, A., “With fourth successful test, Agni 5 to join missile arsenal”, Website Business Standard, 26 December 2016 (www.business-standard.com/article/current-affairs/with-fourth-successful-test-agni-5-to-join-missile-arsenal-116122600726_1.html); Shukla, A., “Agni-6 ICBM evolving organically from Agni-5”, Website Business Standard, 28 December 2016 (www.business-standard.com/article/current-affairs/agni-6-icbm-evolving-organically-from-agni-5-116122700991_1.html).