Apollo Micro Systems to Invest 1500 Crores in Greenfield Defence Manufacturing Project in Telangana

Apollo Micro Systems Limited (AMS) has signed a Memorandum of Understanding (MoU) with the Government of Telangana (GoT) to set up a greenfield project in Telangana. The project, with an estimated investment of approximately 1500 Crores, aims to expand AMS'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 AMS 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.