Agneyastra Energetics acquires 949.65 acres land at Madakasira, Anantapur District

To set up defence energetics manufacturing complex

Bharat Forge announced that its step down subsidiary - Agneyastra Energetics has entered into an agreement with Andhra Pradesh Industrial Infrastructure Corporation for purchase of a land parcel admeasuring approx. 949.65 acres situated at Madakasira, Anantapur District for undertaking development of an end-to-end Defence Energetics Manufacturing Complex, including High Explosives Manufacturing plant, ammunition filling plant, gun propellant facility, and provisions for future expansion into energetics for Rockets, missile systems, Space launch vehicles followed by advanced energetics.

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