Explosives which are double edged chemicals manufactured under strict license across the world are commonly used for mining, quarrying and tunnelling in construction. Its market in India is estimated at Rs. 30000 million. It forms 5% of the global market share with an annual production of 0.8 million tonnes. In India, mining sector consumes around 80% of the production and the balance consumed by industrial projects of irrigation, road and hydel projects. Most of the explosive are made on-site with ammonium nitrate fuel oil. Package explosives form roughly 30% of the market. Major players are ICI India, Solar Industries, Indian Oil Corp, India Gelatine & Chemicals etc.,
The Indian industrial explosives industry also encompasses accessory activities related like gun powder, bulk, cartridge and ANFO based explosives segments of the nitrate mixture, nitro compound including PETN and boosters and explosive accessories such as detonators, detonating fuse and safety fuse.
List of Explosives Manufacturers in India