Bharat Forge's subsidiary Agneyastra Energetics to invest ₹1,500 crore in defence facility
Agneyastra Energetics, a subsidiary of Bharat Forge, is establishing a new defence manufacturing facility in Andhra Pradesh. The project involves a planned investment of ₹1,500 crore over 2-4 years on a 1,000-acre campus. This initiative aims to boost India's indigenous defence capabilities and create significant employment opportunities.
The establishment of a large-scale, strategic defence manufacturing facility with a substantial investment of ₹1,500 crore represents a significant expansion and a move towards greater self-sufficiency in a critical sector, which will have a high impact on the company's future growth and India's defence capabilities.
The announcement details a significant investment in a strategic defence facility, aligning with national self-reliance goals and expected to create jobs and economic growth. This indicates positive development for the company and the sector.
Agneyastra Energetics Limited, a wholly owned subsidiary of Kalyani Strategic Systems Limited (KSSL) and the defence business of Bharat Forge Limited, has announced the groundbreaking of its strategic defence manufacturing facility. The facility is located near Madakasira in Sri Sathya Sai District, Andhra Pradesh, and will span over 1,000 acres.
The integrated campus will be developed with a planned investment of ₹1,500 crore over the next 2-4 years. It is designed with advanced manufacturing technologies, high-safety testing infrastructure, and specialized logistics capabilities to enhance India’s indigenous capabilities in advanced energetics and ammunition systems.
The project is anticipated to generate approximately 800 direct jobs and around 2,500 indirect employment opportunities, contributing to regional economic growth and positioning Andhra Pradesh as a hub for aerospace and defence manufacturing. Agneyastra Energetics aims to address India's reliance on imported energetics materials by delivering indigenously designed and manufactured solutions, aligning with the Aatmanirbhar Bharat vision.
Mr. Baba Kalyani, Chairman & Managing Director of Bharat Forge Limited, stated that Agneyastra Energetics is a strategic step towards building a strong indigenous energetics ecosystem and globally competitive capabilities for both domestic and international markets. The facility will leverage the Kalyani Group's expertise in defence manufacturing, metallurgy, and systems integration, embedding best-in-class safety and governance. The company aims to strengthen India's defence industrial ecosystem and contribute to the nation's vision of Viksit Bharat 2047.
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