Bharat Electronics Limited is planning a greenfield weapon systems facility at Lepakshi in Anantapur district of Andhra Pradesh on 900 to 1,000 acres of land. The new facility will focus on design, development and production of all kinds of weapon systems such as fire control, missile systems and other weapon upgrade programmes. The facility is expected to be ready in two years. Estimated cost of the project is around Rs. 500 crores.
Extracted from HBL, Feb 19,’15