Hyderabad: Public-sector defence
production unit Bharat Dynamics Limited (BDL) will set up two
complexes for manufacturing missile systems in Andhra Pradesh
at a cost of Rs 1,400 crore.
The proposed facilities are likely to come up at
Ibrahimpatnam (500 acres) on the outskirts of Hyderabad and at
the Lepakshi Knowledge Hub (600 acres) in Anantapur district,
BDL Chairman and Managing Director Ravi Khetarpal said.
BDL CMD and Director (Technical) S N Mantha met
Chief Minister K Rosaiah to brief him about their expansion
plans and request the state government to allocate land for
the proposed units.
"We are happy to note that BDL has decided to set up
two new missile manufacturing facilities in Andhra Pradesh.
The required land will be made available to them," the Chief
Minister announced while releasing the new Industrial
Investment Promotion Policy here Thursday.
The two new units are expected provide about 3,500
jobs directly and another 3,000 jobs indirectly, the BDL
officials told the Chief Minister.
The proposed facility in Anantapur district will
also have an integrated township for the employees.
BDL currently has two modern manufacturing complexes
spread over 1300 acres at Kanchanbagh in Hyderabad and Bhanur
in Medak district of AP.
It aims to achieve a sales turnover of Rs 1,500
crore in the 2010-11 financial year.