Business Update16 Oct 2025, 09:05 am
Apollo Micro Systems Declared Lowest Bidder for INR 392.70 Million Orders & Approved for DRDO's Mechatronic Fuze ToT
AI Summary
Apollo Micro Systems Ltd. has been declared as the lowest bidder by DRDO for orders worth INR 43 Millions and by Defense Public Sector Undertakings for orders worth INR 349.7 Millions. The total value of these orders is INR 392.70 Million. Furthermore, the company has been approved for Transfer of Technology (ToT) of Mechatronic Fuze for Grenade by DRDO.
Key Highlights
- Declared as the lowest bidder for INR 392.70 Million orders
- Orders worth INR 43 Millions from DRDO
- Orders worth INR 349.7 Millions from Defense Public Sector Undertakings
- Approved for Transfer of Technology (ToT) of Mechatronic Fuze for Grenade by DRDO