AP to have 2 more missile units
Hyderabad, July 5
Two more missile-manufacturing units will come up in Andhra Pradesh soon. This will be in addition to the two existing units at Hyderabad and Medak. Bharat Dynamics Limited (BDL), the public sector defence production unit, will set up the new units in Anantapur and Ranga Reddy districts at a combined cost of Rs 1,400 crore.
As part of new industrial policy 2010-15, the state government would facilitate establishment of missile production units and has already allotted 1100 acres of land in both the districts for the purpose.
A Rs 600-crore facility will come up near Bhagayat village in neighbouring Ranga Reddy district over an extent of 500 acres. Another Rs 706 crore missile production unit will be established at Kambalapalli village in Anantapur district.“The two units will provide jobs to about 2,900 persons and will be completed in three years,” Chief Minister K Rosaiah said.
The existing missile units at Kanchanbagh in the city and near Bhanur in Medak district are engaged in manufacturing a wide range of missiles including the long range surface-to-surface ballistic missile, Agni, to meet the requirement of the Army, Air Force and the Navy.
The proposed facility in Anantapur district will also have an integrated township for the employees. The BDL aims to achieve a sales turnover of Rs 1,500 crore in 2010-11.