Apollo Micro Systems Invests Rs 300 Crore in New Telangana Facility

Apollo Micro Systems Ltd plans to invest Rs 300 crore in a new manufacturing facility in Telangana. The facility will produce various weapon system platforms. The company has acquired land in Hyderabad for this expansion, aiming to strengthen its presence in the aerospace and defence sectors.

Apollo Micro Systems Ltd (AMSL) is set to bolster its operational capacity with a significant investment of Rs 300 crore for a new manufacturing facility in Telangana.

This strategic move includes the acquisition of a 22,988 square metres land parcel at TSIIC, Hardware Park Phase II, Hyderabad. The facility will focus on electronics and electro-mechanical manufacturing.

The new establishment will integrate manufacturing, assembly, and testing of weapon system platforms such as grad rockets and anti-tank mines. AMSL's expansion aims to cater to the aerospace and defence sector, providing advanced technological solutions.

(With inputs from agencies.)