AMSL plans facility in Hyderabad
Indian Electronics manufacturer Apollo Micro Systems Limited (AMSL) is planning to set up a new defence equipment manufacturing facility in Hardware Park, Hyderabad.
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Indian Electronics manufacturer Apollo Micro Systems Limited (AMSL) is planning to set up a new defence equipment manufacturing facility in Hardware Park, Hyderabad.
After rallying 114% in 2023, this multibagger small-cap stock hit upper circuit recently.
Apollo Micro Systems, a major player in India's 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 company's 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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