Bharat Electronics Ltd will set up a factory at Nimmaluru in Andhra Pradesh to make advanced night-vision products for the defence forces, the company said.
Factory will enable BEL to expand its electro-optics business and carry out manufacturing and integration for the ongoing and upcoming projects, it added.
Factory will be built in stages and the estimated investment will be about Rs.300 cr over 4 years period.
Bharat Electronics is looking for major expansion into high-end image intensifier tubes and thermal imaging detectors for night vision products, inertial navgation systems, electronic ammunition fuses, air traffic management radars, intelligent traffic management systems and solar power plants.
“Bharat Electronics has been continuously engaged in design, development and manufacturing of electro optics equipment and night vision products for defence and paramilitary forces. The new facility has been planned now to establish a state of-the-art factory to cater to the futuristic requirements..” said S K Sharma, Chairman & Managing Director, Bharath Electronics.
M Venkaiah Naidu, Union Minister for Urban Development will lay foundation stone for Night Vision Products Factory on August 29, 2016.