Bharat Electronics Gets Nod For Defence Manufacturing Complex
The Andhra Pradesh government has approved Bharat Electronics Ltd.’s proposal to establish an integrated defence manufacturing complex in Gorantla, according to media reports. The manufacturing facility will be located in the Sri Sathya Sai district, with a total investment of Rs 2,500 crore.
The state government has issued formal orders clearing the project and has also extended incentives linked to project milestones. The approval marks a significant step towards expanding India’s domestic defence manufacturing capabilities in line with the central government’s ‘Make in India’ and self-reliant India initiatives.
Project Details
According to the BEL’s proposal, the company plans to develop the Defence Systems Integrated Complex in two phases. The first phase will need an investment of Rs 1,400 crore and the second phase will require Rs 1,100 crore. The Andhra Pradesh government has allotted 914 acres of land for the facility, which is expected to cater to multiple segments of the defence and aerospace sector.
In accordance with the Andhra Pradesh Industrial Development Policy 2024–29, the state will provide a capital subsidy of up to 45% on the project’s capital expenditure. The subsidy will be released over a 15-year period, contingent on the company achieving specific investment and operational milestones.
Benefits To The Region
The upcoming complex is expected to boost high-technology manufacturing, create skilled employment, and enhance the region’s industrial ecosystem around advanced defence production. Bharat Electronics aims to complete both phases of the project by March 2029.
For investors looking to invest in defence sector stocks, this development is a positive sign. The Indian government’s focus on increasing domestic defence manufacturing capabilities is expected to benefit companies like Bharat Electronics.
Recent Orders
Bharat Electronics has bagged orders worth Rs 644 crore between July 30 and Sept. 1. The major orders that it received during this period included data centres, ship fire control system, tank navigation system, communication equipment, seekers, jammers, simulators, electronic voting machines, upgrades, spares.
Investors can track the company’s progress and updates on Bharat Electronics news and Indian stock market news to make informed investment decisions.
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