Hyderabad: Apollo Micro Systems, an aerospace and defence company, has announced to set up a new manufacturing facility in Telangana.
The foundation stone laying ceremony for the upcoming facility was performed by Telangana Minister for Industries and Commerce and Legislative Affairs Duddilla Sridhar Babu Garu.
The manufacturing facility shall be built on around 5 acres of land with a total built-up area of 3.5 lakh square feet with end-to-end manufacturing and qualification set-up as per international standards with a total investment of Rs. 210 crore.
The company intends to manufacture missiles and their sub-systems and also undertake MRO of the weapons in this facility. The company is also working closely to manufacture unmanned aerial systems and unmanned ground systems through this facility.
The facility is expected to employ around 400 people. Hyderabad-based Apollo Micro Systems Ltd (AMSL) offers technology-based solutions in sectors like infrastructure, transportation, and aerospace, among others, and employs around 350 people.
Last year, AMSL incorporated a wholly owned subsidiary — Apollo Defence Industries Private Ltd to take forward its plans of manufacturing defence equipment.