Big push for defence manufacturing, Hyderabad to remain missile hub

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Hyderabad, a missile hub, will get a fresh impetus for DEFENCE manufacturing following the announcement in the Union budget that 68 per cent of capital for defence sector will be earmarked for the local . This is 10 per cent up from what it was allocated previously.

A majority of defence industries are located in and around the city and closer to theOuter

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Ring Road. The new policies of the Centre will now give push for local manufacturing by units along the proposedRegional Ring Road.

There are an estimated 1,000 units in and around Hyderabad which are engaged in defence manufacturing.
The announcement that industry, start-ups and academia can participate in defence R&D with 25 per cent budget reserved for them is also something the industry is happy about.