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What is the story about?
Apollo Micro Systems has announced a major greenfield expansion in Telangana, a move that the company says will propel it into the next phase of defence manufacturing leadership in India.
The initiative, undertaken along with its subsidiaries, marks a significant step toward strengthening the group’s presence in the country’s fast-growing defence production ecosystem. AMS and its group companies plan to invest about ₹1,500 crore in this expansion.
The project will set up state of the art facilities for producing and filling warheads for missiles, rocket motors, and small, medium, and large calibre artillery systems. It will also include capabilities for manufacturing ammunition and developing complete ammunition systems for artillery, rockets, and other armaments.
The company said this is one of the largest expansion programmes in its history and positions AMS to meet rising demand for defence equipment both in India and overseas. The new greenfield unit is expected to significantly scale up production capacity, strengthen supply chain resilience, and deepen the company’s portfolio of advanced indigenous defence technologies.
According to a regulatory filing, the expansion will create strong strategic synergies across the group and reinforce AMS’ competitive positioning as India accelerates self-reliance in defence manufacturing.
Managing Director Karunakar Reddy said the project is a transformational milestone that will expand scale, enhance technological capability, and increase AMS’ strategic importance. He said the new facility will align closely with the company’s long-term vision and create an integrated, future-ready manufacturing backbone.
Reddy added that the project will also unlock synergies with IDL Explosives Ltd., enabling AMS to meet captive requirements for explosives used in artillery shells, moored mines, MIGM and Grad rockets, among others, and establish the group as a strong end-to-end supplier of mission-critical defence systems.
He said AMS is not only adding capacity but also strengthening its role as a national asset by supporting self-reliance and laying the groundwork for sustained growth.
Shares of Apollo Micro Systems are trading near the day’s low, down 4.80% at ₹236.85. The stock has gained 96% so far this year.
The initiative, undertaken along with its subsidiaries, marks a significant step toward strengthening the group’s presence in the country’s fast-growing defence production ecosystem. AMS and its group companies plan to invest about ₹1,500 crore in this expansion.
The project will set up state of the art facilities for producing and filling warheads for missiles, rocket motors, and small, medium, and large calibre artillery systems. It will also include capabilities for manufacturing ammunition and developing complete ammunition systems for artillery, rockets, and other armaments.
The company said this is one of the largest expansion programmes in its history and positions AMS to meet rising demand for defence equipment both in India and overseas. The new greenfield unit is expected to significantly scale up production capacity, strengthen supply chain resilience, and deepen the company’s portfolio of advanced indigenous defence technologies.
According to a regulatory filing, the expansion will create strong strategic synergies across the group and reinforce AMS’ competitive positioning as India accelerates self-reliance in defence manufacturing.
Managing Director Karunakar Reddy said the project is a transformational milestone that will expand scale, enhance technological capability, and increase AMS’ strategic importance. He said the new facility will align closely with the company’s long-term vision and create an integrated, future-ready manufacturing backbone.
Reddy added that the project will also unlock synergies with IDL Explosives Ltd., enabling AMS to meet captive requirements for explosives used in artillery shells, moored mines, MIGM and Grad rockets, among others, and establish the group as a strong end-to-end supplier of mission-critical defence systems.
He said AMS is not only adding capacity but also strengthening its role as a national asset by supporting self-reliance and laying the groundwork for sustained growth.
Shares of Apollo Micro Systems are trading near the day’s low, down 4.80% at ₹236.85. The stock has gained 96% so far this year.
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