Business Update17 Feb 2024, 06:51 pm
Apollo Micro Systems to Invest Rs. 210 Crores in Integrated Plant for Ingenious Defence Systems
AI Summary
Apollo Micro Systems Limited has announced that it will be conducting the Foundation Stone Laying and Groundbreaking Ceremony for its Integrated Plant for Ingenious Defence Systems (IPiDS) on Monday, 19 February, 2024 at Hardware Park - II, Hyderabad. The company has made an application for an additional 2.5 acres of land adjacent to the existing allotted land of 2.5 acres, for which advance payment has been released, taking the total land extent to 5.00 acres. The proposed investment for the project is Rs. 210 crores.,
Key Highlights
- Apollo Micro Systems to invest Rs. 210 crores in Integrated Plant for Ingenious Defence Systems
- Company to conduct Foundation Stone Laying and Groundbreaking Ceremony on 19 February, 2024
- Total land extent to be 5.00 acres
- Proposed investment for the project