VEM Technologies to build ₹1,000 crore integrated defence factory in Sangareddy

VEM Technologies will set up a ₹1,000 crore integrated defence facility on 511 acres in Yelgoi near Zaheerabad, Sangareddy, India. The factory will produce missiles, radars, fighters, and helicopters, employing about 2,000 people, and will also serve as a defence export processing zone.

“This is an ideal scenario where we want small scale sector to contribute and not large monopolies.”thehindu.com

• 1 source
• thehindu.comVEM Tech to set up ₹1,000 crore integrated defence factory in Sangareddy - The HinduSpecial CorrespondentOct 24, 2021

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