Rs.1,600 crore DRDO unit to come up in Telangana

Image
IANS Hyderabad
Last Updated : Aug 13 2014 | 8:10 PM IST

The Defence Research and Development Organisation (DRDO) will set up a unit in Telangana with an investment of Rs.1,600 crore, Chief Minister K. Chandrasekhar Rao said Wednesday.

KCR, as the chief minister is popularly known, Wednesday announced that the state government will allot 100 acres of land for the project at Nagarjuna Sagar, famous for a dam across the Krishna river.

He told a meeting of officials that after scouting various states for a suitable location for the strategic unit, the DRDO finalised Nagarjuna Sagar in Nalgonda district.

According to a statement from the Chief Minister's Office, this will be the first such defence unit of its kind in India. It, however, did not reveal the nature of the project.

"Only five countries has this kind of unit. Presently, the Indian defence establishment depends on a unit located in Moscow for its requirements," the statement quoted the chief minister as saying at the meeting convened to review the project.

The facility will also have the capability to meet the requirements of other countries.

KCR said the required electricity and water would be supplied for the facility. He asked officials to immediately accord all clearances.

The chief minister hoped that the DRDO unit will give recognition to Nagarjuna Sagar.

He also announced that an air strip will be constructed in the town, which will not only meet the requirements of defence but will also benefit tourists.

The DRDO has several laboratories in Hyderabad.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 13 2014 | 8:04 PM IST

Next Story