Building on our strengths, we work meticulously to develop next-generation explosive devices, ammunition. Aspiring to become a thought-leader, we continually push the envelope in product development, propelling our clients to achieve more in their respective businesses.
A strategic blend of technological prowess and talent pool has given us the competitive edge, propelling innovation to empower businesses, communities and ultimately the nation. The Chakra represents continuous growth and is our visual device for the brand and aligns with our brand idea of Power to Propel.
Driven by our strong desire to do more and do better, we work our way to face challenges head-on. We remain agile and are always willing to go the extra mile. What sets us apart are our collaborative client partnerships and a culture of focused innovation. Our rapid global growth bears a strong testament to our dedication to creating advanced systems and solutions that not only empower our clients, but also set new industry benchmarks. From Mining to Defence and Space applications, our offerings cater to the diverse needs of customers worldwide.
Leaving no stone unturned to provide our clients with solutions that aim to make a difference, we have implemented advanced automation and robotics technologies, streamlined our operations and sharpened our competitive edge.
Backed by a diverse talent pool, we take challenges in our strides. Conscious of the essential role our people play in making a difference, we encourage diversity and inclusion by bringing together a competent team that collaborates seamlessly to put our clients’ needs first. This collaborative spirit enables us to deliver products marked by precision, world-class reliability and exceptional results.
To emerge as a global leader in the manufacturing of industrial and military explosives and an innovative solution provider with a focus on safety, quality and reliability.
To provide innovative technology and services through Research and Development.
To contain product and service costs through constant re-engineering and improvement in all business processes.
To ensure high quality delivery of services offering exemplary technical, safety, administrative and professional excellence with commitment to environmental safeguards.
To forge and nurture alliances that are complimentary to the Company’s global ambitions.
To retain our responsive, efficient and effective processes and services to realise our vision at all times.
of BrahMos Booster
by private
industry
for clearing successful flight trials of Nagastra (Loitering Munition) by competing with foreign OEMs
of PSOM-XL motor for PSLV Launch Vehicle at
ISRO
Handing over 30mm ammunition to the Indian Navy
Successful completion of Technology Absorption of Chaffs and Flares.
from the Air Force-certified agency for both the products.
Commenced the production of Packaged Explosives, Bulk Explosives and Detonators
Added Detonating Cord, Cast-Boosters and PETN to the product portfolio
Expanded our footprint to international markets
Got listed on the BSE and NSE
Established facilities in Zambia and Nigeria
Ventured into the Defence sector
Established the Turkey Plant
Started manufacturing 3-layer Shock tubes and Electronic Detonators
Commenced the supply of high energy materials
Established facilities for Propellant / Ignitors
Built facilities for Multi-Mode Hand Grenade, Pyros, Ignitors, Warheads and the integration of rockets
Established large scale capacity for high energy materials
The TNT Plant became operational
Started the production of Solid Propellant Booster for BrahMos Missiles
Commenced operations in South Africa
Solar reached the 25-year milestone
Established the Centre of Excellence for Life
Assessment manufacturing started in Ghana, Tanzania and Indonesia
Enhanced detonator capacities
Ranked among the Top 5 global explosives companies
Annual revenue crossed USD 840 Million
Became the first private sector company to deliver 100% indigenous 30 mm ammunition to the Indian Navy
Received the first-ever order for Loitering Munition – NAGASTRA-1 by a private company.
Over the years, we have built a robust footprint across both established and emerging markets. We believe in going the distance; hence, we have not merely strengthened our presence in existing markets, but also strategically ventured into new ones. In the years ahead, we remain focused on adapting and innovating to seize opportunities and overcome challenges.
Location: Solar Industries, Nagpur, India
Website: https://solargroup.com/
Location: Solar Patlayıcı Maddeler Sanayi A.Ş.
Website: https://www.solarpatlayici.com/
Location: Nigachem Nigeria Limited
Website: https://www.nigachem.com.ng
Location:Solar Mining Services
Location:
Solar Mining Services Pty. Ltd.
Location: Solar Nitrochemicals Limited
Website: https://www.solarnitrochem.co.tz/
The progressive journey of Mr. Satyanarayan Nandlal Nuwal from a trader to a large explosive manufacturer is inspired by a belief in the capabilities of ordinary people doing extraordinary things. He truly believes in the fruition of relentless hard work and the importance of humble beginnings. He entered the explosives industry as a trader, rented a storage magazine the whole and soul of his operations. But he soon went on to secure a Consignment Agency with the world’s largest explosives manufacturer and later established an SSI Unit near Nagpur, marking the birth of Solar Industries. His visionary leadership has led the Solar group to become the largest manufacturer and exporter of industrial explosives in the country, with plants on four continents and at multiple locations in India. A philanthropist at heart, he lives by the mantra that business organisations have a social responsibility to not only employ ethical, fair and ecologically sensitive business practices but also to actively contribute to the social and economic development of the communities in which they operate, setting an example for businesses everywhere.
Chairman and Non-Executive Director
A qualified Chartered Accountant, Mr. Manish Satyanarayan Nuwal joined when the Company ventured into its first manufacturing foray under the leadership and tutelage of his father, Shri Satyanarayan Nuwal. His dynamic and entrepreneurial vision has driven Solar Group into becoming a global leader in the explosives and ammunition industry. During the two and a half decades he has devoted to Solar, he has successfully shaped the Company’s strategy, aligning it with the future business landscape. He plays a key role in Business Planning, Commercial & Technical aspects, which resulted in the setting up of customer base in more than 75+ countries and manufacturing operations in 8 countries. His value-driven approach underlines his strong commitment to fair and ethical business practices, of which success is a natural outcome.
Managing Director and CEO
Bachelor of Technology (Hons) in Mining Engineering from I.I.T., Kharagpur, Shri Suresh Menon is associated with Solar Group from past 15 years. He has over 38 years of experience in the coal, mining and explosives industries. With his strong expertise and deep understanding of the explosives market, he monitors the marketing operations of the Company at domestic and global levels. Delivering value to customers is thus at the heart of the Company’s business model, of which he is a significant pillar.
Executive Director
Mr. Milind Deshmukh is a Commerce Graduate from Mumbai University (1987) and has completed Master’s in management studies from Somaiya Institute of Management (1989). He has also completed management program of Wipro in 1996.
Mr. Milind Deshmukh has worked in various organizations like Philips (India) Limited as an Area Manager between 1989 to 1993, Wipro Limited as a Regional Manager between 1994 to 1997. He has also worked with Credcom Limited as General Manager – West Africa between 1997 to 2009 before joining Solar Group’s African Subsidiaries in 2010 as Director.
Mr. Milind Deshmukh has played a key role in managing operations, expanding business, relationship management with key stakeholders and managing Projects in line with organization’s strategy and business development in the region.
Executive Director
In a Career span of more than 35 years, Smt. Rashmi Prasad has served under various designations in State Bank of India. She brings with her multidisciplinary experience in the fields like Credit, Risk Management, Marketing, Compliances related to the SEBI regulations etc. She also headed the London office of State Bank of India. Her area of expertise includes crises Management, Training and Policy making. She is an associate member of Certified Associate of Indian Institute of Bankers (CAIIB) which is a professional body and certified Behavioral Science trainer.
Non-Executive Independent Director
Mr. Jagdish Chandra Belwal is a transformational CIO turned entrepreneur. He has led technology anchored business transformations in large organisations. He has experience of over twenty five years in Industries like Automotive, Construction Equipment and Railway Transportation.
He is a Board Mentor with UK based Criticaleye and is a coach to aspiring technology CEOs. He has run strategic interventions for corporates in Change Management, Customer Centricity and Global Operating Models.
His areas of core competencies are :- Digital Transformation, Enterprise Architecture, Public Speaking, Change Management, Leadership Development, Executive Coaching, IT Strategy.
Non-Executive Independent Director
A qualified Chartered Accountant , Mr. Natrajan Ramakrishna has an experience of over forty years in the accounting profession focusing mainly on Generally Accepted Accounting Principles (GAAP), IFRS, IndAS and Auditing.
His areas of core competencies include Financial Reporting, Board and Corporate Governance, Financial Services Sector and Operational Excellence. He has extensive knowledge and experience in handling cultural integrations.
Having worked with some large International Accounting firms he has gained immense experience with boards and committees as to laying down policy frameworks relating to Business Resilience and Continuity Planning.
He has a proven track record of work spread over various sectors such as Information Technology, Financial Services, FMCG Companies and Telecom.
Non-Executive Independent Director
Shri Dinesh Kumar Batra aged 61 years, is a Mechanical Engineer from HBIT, Kanpur and holds Post Graduate Diploma in International Marketing, Post Graduate Diploma in Management and Advanced Management Programme. He has a rich experience of over 38 years in various facets of Management like Marketing, Finance, Accounts, Corporate Governance and Risk Management etc. At the time of superannuation in October 2022, he was acting as a Chairman & Managing Director of Bharat Electronics Limited.
Non-Executive Independent Director
The progressive journey of Mr. Satyanarayan Nandlal Nuwal from a trader to a large explosive manufacturer is inspired by a belief in the capabilities of ordinary people doing extraordinary things. He truly believes in the fruition of relentless hard work and the importance of humble beginnings. He entered the explosives industry as a trader, rented a storage magazine the whole and soul of his operations. But he soon went on to secure a Consignment Agency with the world’s largest explosives manufacturer and later established an SSI Unit near Nagpur, marking the birth of Solar Industries. His visionary leadership has led the Solar group to become the largest manufacturer and exporter of industrial explosives in the country, with plants on four continents and at multiple locations in India. A philanthropist at heart, he lives by the mantra that business organisations have a social responsibility to not only employ ethical, fair and ecologically sensitive business practices but also to actively contribute to the social and economic development of the communities in which they operate, setting an example for businesses everywhere.
Chairman and Non-Executive Director
A qualified Chartered Accountant, Mr. Manish Satyanarayan Nuwal joined when the Company ventured into its first manufacturing foray under the leadership and tutelage of his father, Shri Satyanarayan Nuwal. His dynamic and entrepreneurial vision has driven Solar Group into becoming a global leader in the explosives and ammunition industry. During the two and a half decades he has devoted to Solar, he has successfully shaped the Company’s strategy, aligning it with the future business landscape. He plays a key role in Business Planning, Commercial & Technical aspects, which resulted in the setting up of customer base in more than 75+ countries and manufacturing operations in 8 countries. His value-driven approach underlines his strong commitment to fair and ethical business practices, of which success is a natural outcome.
Managing Director and CEO
Bachelor of Technology (Hons) in Mining Engineering from I.I.T., Kharagpur, Shri Suresh Menon is associated with Solar Group from past 15 years. He has over 38 years of experience in the coal, mining and explosives industries. With his strong expertise and deep understanding of the explosives market, he monitors the marketing operations of the Company at domestic and global levels. Delivering value to customers is thus at the heart of the Company’s business model, of which he is a significant pillar.
Executive Director
Mr. Milind Deshmukh is a Commerce Graduate from Mumbai University (1987) and has completed Master’s in management studies from Somaiya Institute of Management (1989). He has also completed management program of Wipro in 1996.
Mr. Milind Deshmukh has worked in various organizations like Philips (India) Limited as an Area Manager between 1989 to 1993, Wipro Limited as a Regional Manager between 1994 to 1997. He has also worked with Credcom Limited as General Manager – West Africa between 1997 to 2009 before joining Solar Group’s African Subsidiaries in 2010 as Director.
Mr. Milind Deshmukh has played a key role in managing operations, expanding business, relationship management with key stakeholders and managing Projects in line with organization’s strategy and business development in the region.
Executive Director
In a Career span of more than 35 years, Smt. Rashmi Prasad has served under various designations in State Bank of India. She brings with her multidisciplinary experience in the fields like Credit, Risk Management, Marketing, Compliances related to the SEBI regulations etc. She also headed the London office of State Bank of India. Her area of expertise includes crises Management, Training and Policy making. She is an associate member of Certified Associate of Indian Institute of Bankers (CAIIB) which is a professional body and certified Behavioral Science trainer.
Non-Executive Independent Director
Mr. Jagdish Chandra Belwal is a transformational CIO turned entrepreneur. He has led technology anchored business transformations in large organisations. He has experience of over twenty five years in Industries like Automotive, Construction Equipment and Railway Transportation.
He is a Board Mentor with UK based Criticaleye and is a coach to aspiring technology CEOs. He has run strategic interventions for corporates in Change Management, Customer Centricity and Global Operating Models.
His areas of core competencies are :- Digital Transformation, Enterprise Architecture, Public Speaking, Change Management, Leadership Development, Executive Coaching, IT Strategy.
Non-Executive Independent Director
A qualified Chartered Accountant , Mr. Natrajan Ramakrishna has an experience of over forty years in the accounting profession focusing mainly on Generally Accepted Accounting Principles (GAAP), IFRS, IndAS and Auditing.
His areas of core competencies include Financial Reporting, Board and Corporate Governance, Financial Services Sector and Operational Excellence. He has extensive knowledge and experience in handling cultural integrations.
Having worked with some large International Accounting firms he has gained immense experience with boards and committees as to laying down policy frameworks relating to Business Resilience and Continuity Planning.
He has a proven track record of work spread over various sectors such as Information Technology, Financial Services, FMCG Companies and Telecom.
Non-Executive Independent Director
Shri Dinesh Kumar Batra aged 61 years, is a Mechanical Engineer from HBIT, Kanpur and holds Post Graduate Diploma in International Marketing, Post Graduate Diploma in Management and Advanced Management Programme. He has a rich experience of over 38 years in various facets of Management like Marketing, Finance, Accounts, Corporate Governance and Risk Management etc. At the time of superannuation in October 2022, he was acting as a Chairman & Managing Director of Bharat Electronics Limited.
Non-Executive Independent Director