Apollo Micro Systems to invest Rs 1,500 crore in Telangana
Defence manufacturing firm Apollo Micro Systems Ltd (AMSL) has plans to invest Rs 1,500 crores in Telangana. The firm has signed an MoU with the Telangana government to invest Rs 1,500 crore in a greenfield project for defence manufacturing.
As per the firm, the project will focus on the manufacturing and filling of warheads, rocket motors, small, medium, and large-calibre artillery systems and ammunition, and building of complete ammunition systems for artillery, rockets, and other armaments.
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