defense sector: Apollo Micro Systems announces expansion plans with new facility in Hyderabad
Apollo Micro Systems, a major player in Indias defense sector, plans to establish a defense equipment manufacturing facility in Hyderabad. The facility, with an estimated investment of Rs 150 crores, will expand the companys infrastructure by 3,00,000 square feet and focus on defense electronics and electro-mechanical manufacturing. Apollo Micro Systems has also set up a subsidiary to form alliances and technological partnerships with international companies.
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Source: indiatimes.com