BEL acquires 75-hectare land in UP defence corridor, to invest Rs 600 crore in Chitrakoot unit
The defence PSU will invest around Rs 600 crore to set up an advanced manufacturing facility that will cater to futuristic defence programmes, including the Quick Reaction Surface-to-Air Missile (QRSAM), the upcoming Kusha Air Defence System, next-generation radar systems, and a maintenance, repair and overhaul (MRO) facility, the company said.
“Under this project, BEL will establish an advanced manufacturing unit for the production of state-of-the-art radar and air defence systems with an investment of approximately Rs 562.5 crore. This initiative will not only strengthen high-technology-based production in the defence sector but will also provide a new direction to the expansion of industrial efficiency and technical capabilities in the state,” Adityanath said.
He added that the project is expected to generate over 300 direct jobs, along with significant indirect employment in ancillary and allied sectors. “As a result, there is a possibility of generating more than 300 direct employment opportunities, while large-scale indirect employment will also be created in ancillary and allied sectors, opening new avenues for local youth,” he said.
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