Bharat Electronics (BEL) has decided to set up major defence sector project in Anantapur district of Andhra Pradesh with an investment of Rs 1,500 crore. In this regard, the company has sought 1,000 acres of land in Penugonda in Anantapur district. The proposed facility is likely to create jobs for 500 people.
The company also sought land for expanding the company’s existing unit at Machilipatnam. In this regard, the company has urged the state government to allot 50 acres of land to increase the IR lenses production capacity from 30,000 to 2.5 lakh units.
Bharat Electronics is a multi-product, multi-technology, multi-unit conglomerate with over 350 products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.
Company Name | CMP |
---|---|
BHEL | 273.40 |
Bharat Electronics | 226.95 |
Thermax | 4501.05 |
Kirloskar Oil Eng | 1030.55 |
Praj Industries | 522.60 |
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