Bharat Dynamics (BDL) has signed a Memorandum of Understanding (MoU) with Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), Uttar Pradesh for setting up a unit in the UP Defence Corridor. BDL, a mini-ratna Category-1 Company, having its registered office at Hyderabad, will be setting up a manufacturing unit in Jhansi, as a part of its diversification and expansion plan.
BDL is the only Defence Public Sector Company in the country manufacturing missiles and underwater weapons for the armed forces. As per the MoU, BDL will acquire 215 acres of land in Jhansi under a lease agreement for an initial period of 30 years, which will be extendable up to 90 years.
Bharat Dynamics is engaged in manufacturing of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment.
