The find comes at a time when the nation is already tense in the aftermath of the Delhi Red Fort explosion.
The TNT plant with 3,000 tonnes per annum capacity was inaugurated at the 225-acre manufacturing facility of SBL Energy Limited at Yenvera in Nagpur, Maharashtra, the company said in a release.
The incident took place under the Nangali police station limits, they said.
SBL will deploy the funds to expand its manufacturing capacity in India as well as launch new products, the company said.
The official said these accused had also purchased a drone for the Maoists in May intended for spying on the activities of security forces inside the forest.
An unidentified person called up the Director General of the Police control room in Mumbai in the afternoon and said a tanker filled with explosives was on the Mumbai-Goa highway.
SP Tulsian of sptulsian.com joins CNBC-TV18 to take his multi-bagger picks for the day from the stock universe. Check out what he has to say about Selan Exploration and Solar Industries.