Bharat Dynamics to set up missile unit in Maharashtra

[Galaxy]

Bharat Dynamics to set up missile unit in Maharashtra

HYDERABAD, DEC. 15:

Bharat Dynamics Ltd, the manufacturer of India's missiles, will set up a new missile unit in Nandgaon Peth in Amravati district of Maharastra. It will produce very short range air defence missiles at this unit, which will be its first outside Andhra Pradesh.

The Defence public sector undertaking has acquired 530 acres. It will invest Rs 250 crore initially. The new unit is expected to generate employment to about 1,000 personnel, said Maj. Gen. Ravi Khetarpal, Chairman and Managing Director.

The President, Ms Pratibha Devisingh Patil, laid the foundation stone for the unit recently.

According to Maj. Gen. Khetarpal, the company is on an expansion and is set to cross the Rs 1,000-crore turnover this financial year. It has recently bagged a order of Rs 14,000 crore to manufacture Akash, the surface to air missile for the Indian Army. This necessitated the expansion of its production facilities. The company also got a Rs 1,000-crore order to make the air version of Akash for the Indian Air Force.

At present, the two manufacturing units of BDL are in Hyderabad and neighbouring Medak district. It has already been offered land by the Andhra Pradesh Government in the districts of Anantapur and Chittoor and further expansion near Medak. The new production facilities are expected to become operational around 2015.

BDL produces the surface to surface Prithvi missiles, the anti-tank Nag missile and the three versions of India's strategic ballistic missile-Agni. In addition, it makes torpedoes for the Indian Navy at its facility in Visakhapatnam.

Business Line : Companies News : Bharat Dynamics to set up missile unit in Maharashtra

 

[warriorextreme]

they should have chosen MIHAN in nagpur..

 

[nrj]

they should have chosen MIHAN in nagpur..

Any specific advantage ?

 

[warriorextreme]

Any specific advantage ?

it is a 2086 hectares special economic zone

 

[nrj]

I think MIHAN will consume most of that space for commercial purpose. Besides you never know when natives will protest against SEZ land.

 

[warriorextreme]

I think MIHAN will consume most of that space for commercial purpose. Besides you never know when natives will protest against SEZ land.

Boeing MRO has started construction and will finish by end of december 2012...many other manufacturing companies will start soon.

 

[agentperry]

one important thing to note is that there is no opposition in acquiring land for setting up of defence factories. this also points that how politicla parties screw the land acquisition for companies and powerplants in areas to get a hold on the political structure. they dont oppose the defence land acquisition because they will be called gaddar if they opposes and will get negative publicity.

if indian economy is tough and difficult to understand it is because of opposition and not the govt itself.

 

[nrj]

I think Amravti needs that investment & employment more than Nagpur.