News for Walchandnagar Industries Limited (WALCHANNAG.NS)

Governments Aatmanirbhar nudge is another area that is boosting up the opportunity for the sector as now defence system in India will solely or heavily depend on indigenous suppliers. In the recent import list ban notified on May 31, 2021, 108 items have been put in the import ban list i.e. they need to be mandatorily sourced from indigenous suppliers.