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Nagpur munitions market sees record profits as economies dip amid conflicts: Report
short by Ashley Paul / on Sunday, 20 October, 2024
Explosives and ammunitions makers in Nagpur are seeing record number of sales and profit as global economies are slumping amid uncertainties due to Middle-East and Russia-Ukraine conflicts, TOI reported. Buyers from countries not involved in global conflicts, like Spain, Germany and Vietnam, are reportedly stockpiling weapons. Top demanded items include 155mm calibre shells used in howitzer guns.
read more at Hindustan Times