As global economies face downturns due to ongoing conflicts, Nagpur's explosives market is experiencing significant growth. Countries such as Bulgaria, Spain, Germany, South Africa, Poland, Vietnam, Brazil, and Saudi Arabia are actively stockpiling arms, leading to a surge in demand for explosives. In the last three months alone, ₹9,000 crore in orders have been dispatched, with an additional ₹3,000 crore in orders currently under execution. Notably, 155 mm calibre shells and 40 mm rockets are in high demand, reflecting the urgent needs of international markets. From April to June 2024, Nagpur exported bombs worth ₹770 crore, while Chandrapur contributed an impressive ₹458 crore in exports during the last fiscal year. Key players in this booming sector include Yantra India Ltd and Solar Industries, both of which have assured that they will not supply arms to nations currently engaged in warfare. This thriving market stands in stark contrast to the economic challenges faced by many countries due to geopolitical tensions. [bbf708ec]