Agneyastra Energetics, a Bharat Forge subsidiary, begins construction of a 1,000-acre defence manufacturing facility in Andhra Pradesh.
The project involves a planned investment of ₹1,500 crore over 2-4 years to enhance indigenous energetics and ammunition capabilities.
The facility is expected to generate 800 direct and 2,500 indirect jobs, supporting India's Aatmanirbhar Bharat vision in defence.
Bharat Forge Chairman emphasizes building globally competitive indigenous capabilities for both domestic and international defence markets.