Public sector and defence establishment units are lining up huge investments for Andhra Pradesh, and are in the process of acquiring land with the help of state owned Andhra Pradesh Industrial Infrastructure Corporation (APIIC). BR Meena, vice chairman and managing director of APIIC, said Bharat Dynamics Limited (BDL) had identified lands in five of the six locations to set up manufacturing facilities with Rs 5 billion (Rs 500 crore) investment in each of these locations. BDL builds missile systems for the country’s defence forces. Similarly, Hindustan Aeronautics Limited (HAL) is in the process of identifying land to set up a Rs 40 billion (Rs 4000 crore) manufacturing facility for aerospace products in the state while Bharat Electronics Limited (BEL) will be establishing two new manufacturing facilities—one in Anantapur and the other in Krishna district—besides expanding its Machilipatnam facility.
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