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Apollo Micro Systems signs MoU with Government of Telangana

09 Dec 2025 Evaluate

Apollo Micro Systems has signed a Memorandum of Understanding (MoU) with the Government of Telangana (GoT) on December 8, 2025, in Hyderabad, Telangana. Under this MoU, the company along with its subsidiaries and step-down subsidiaries will be setting up a greenfield project in Telangana, marking a significant commitment toward strengthening the Nation’s capabilities in critical sectors such as Defence and High-Energetic Explosives.

The proposed project, with an estimated investment of around Rs 1500 crore, is aimed at expanding the company’s manufacturing and explosive filling capabilities. The project will focus on the manufacturing and filling of Warheads, Rocket Motors, Small, Medium and Large Calibre Artillery Systems and Ammunition, and building of complete Ammunition Systems for Artilleries, Rockets and Other Armaments. The project will cater to both domestic and overseas demand requirements.

The Government of Telangana shall extend facilitation to the company in obtaining all necessary permissions, registrations, approvals, clearances, and applicable fiscal incentives from the concerned state departments, in accordance with existing policies, rules, and regulations as stated in MoU.

Apollo Micro Systems offers custom built COTS (Commercially off-the shelf) solutions based on specific requirements to defence and space customers.


Apollo Micro Systems Share Price

432.95 6.40 (1.50%)
19-Jun-2026 16:59 View Price Chart
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