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20/08/2017 - GHMC seeks report from Lodha Grpup regarding inadequate parking / amenities at Lodha Bellezza and Meridian Apartments, Kukatpally
20/08/2017 - Nucon Aerospace opens aerospace, defence component facility in Hyderabad
20/08/2017 - Kalyani group and Israel's Rafael Advanced Defence Systems has opened an anti-tank guided missile (SPIKE) production facility in Adibatla
20/08/2017 - Hyderabad is a fast emerging as a defense equipment manufacturing hub
20/08/2017 - Hyderabad RERA Update. RERA set to take tiume, to start operations
07/08/2017 - Telangana notifies rules under RERA - Telangana State Real Estate (Regulation and Development) Rules, 2017
06/08/2017 - HMDA wants additional payment in the form of Non-Agriculture Land Assessment (NALA) tax for approving LRS
06/08/2017 - Osman Sagar and Himayat Sagar lakes to be De-Notified as Drinking Water Sources
06/08/2017 - GHMC/ HMDA/DTCP or Panchayat approval may be mandatory for registering properties
06/08/2017 - Tellapur News. Aliens signs Rs 580-cr pact for reviving project
06/08/2017 - Work to begin on the Hyderabad Regional Ring Road Soon
12/05/2017 - HMDA Land Auction near Hitech City and Gachibowli, Hyderabad
11/12/2016 - GO111 relaxation is under study says Telangana Government
11/12/2016 - Suspension bridge from Kavuri Hills to Inorbit Mall across Durgam Cheru Awarded to L&T
27/08/2016 - New Districts Formation in Telangana. Ranga Reddy cut to size! Chevalla loses out!
14/07/2016 - Hyderabad to have second Financial District - TSIIC hunts for land in Tellapur and Puppalaguda
18/06/2016 - Boeing flies into Adibatla Aerospace SEZ with Tata Group and sets up TATA Boeing Aerospace Limited
17/06/2016 - HMDA is ready with the preliminary feasibility study for the 290km Regional Ring Road in Hyderabad
12/06/2016 - Hyderabad Pharma City to be approved as a National Investment Manufacturing Zone
19/05/2016 - Apple's Offshore Development Center in Hyderabad Inaugurated
19/05/2016 - Alert! Land Registration Charge to be raised in Hyderabad and other hot locations
18/05/2016 - Apple set to inaugurate its First Offshore Development Center at Gachibowli in Hyderabad
06/05/2016 - Telangana to have 14 new Districts - Announcement expected on 2nd June
02/05/2016 - Tellapur Technocity Project - Developer asks Govt to let it develop 100 acres for which money was paid
14/04/2016 - Micromax Factory Starts Operations at Thukkuguda, Fabcity premises in Hyderabad
30/03/2016 - Amazon starts site development work at its Gachibowli Campus in Hyderabad
24/03/2016 - Wonderla Theme Park at Adibatla beside ORR, is expected to open in April
10/03/2016 - Key Points - The Real Estate (Regulation and Development) Bill
10/03/2016 - Cognizant to expand Facility in Gachibowli Hyderabad with 655 Crore investment
19/02/2016 - After Mumbai and Bengaluru, Hyderabad to get the third World Trade Center in India
16/02/2016 - Apple chooses Hyderabad for setting up its first Offshore Development Center
18/01/2016 - Retail Real Estate in Hyderabad booms, on the back of roaring food business! And Behungry will feed you while you save!
17/01/2016 - Booked Property with Mantri Group? Register it before any negative court order
10/01/2016 - Srisailam Highway posied to take off. A Business Standard Report
04/01/2016 - Last Date for BRS and LRS Extended till 31 Jan 2016
27/11/2015 - Uber to open its largest Technology Center outside of the US, at Hyderabad. Picks up 1.5Lakh sft space
26/11/2015 - Hyderabad Land Auction - Aurobindo Pharma buys land at the higest ever rate of Rs 29.28 crore per acre
10/11/2015 - Boeing Signs MOU with Tata Advanced Systems to make aerostructures for the AH-64 Apache choppers, in Adibatla
03/11/2015 - New LRS and BRS scheme is announced by the Telangana Govt. To apply before January 2, 2016
14/10/2015 - FIPB approves Helicopter Unit at Adibatla, Hyderabad by Indian Rotorcraft Ltd (JV of TATA and Augusta Westland)
03/10/2015 - Whre is Amaravathi Seed Capital Area?! Satellite Map and Pictures of Andhra Pradesh’s New Capital City
26/09/2015 - BRS & LRS is back! Building and Plot Regularization Scheme in Hyderabad to be announced soon!
29/08/2015 - NALA Tax burden to hit developers and buyers in Hyderabad. Highcourt dismisses writ petition filed by Developers against NALA Tax
27/08/2015 - Full List of 98 Smart Cities Announced by the Center on 27th August. Telangana has just 2 Smart Cities
30/07/2015 - Techwave Consulting to add 1000 IT employees in Hyderabad by 2016
24/07/2015 - Hyderabad to Get 20 new Multi Level Flyovers! City to Become Traffic Jam Free, in 2 Years
16/07/2015 - Boeing and Tata Advanced Systems sign pact for aerospace equipment manufacturing in Hyderabad
12/07/2015 - IKEA buyes 13 Acre land near Hitec City, Hyderabad for 250 Crore
06/07/2015 - Shifting of Secretariat & Assembly. The Govt. Targets Hitec City after Chest Hospital & Bison Ground were dropped!
06/07/2015 - Top 5 Locations in Hyderabad for Uber to build its $5Million Office Facility!

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Hyderabad News.Kalyani group and Israel''s Rafael Advanced Defence Systems has opened an anti-tank guided missile (SPIKE) production facility in Adibatla


(Excl Ventures News.)Kalyani group and Israel''s state-run Rafael Advanced Defence Systems Friday commissioned a Rs 70 crore anti-tank guided missile production facility at Adibatla in Hyderabad.

Kalyani Rafael Advanced Systems, the joint venture between the two with 51 percent ownership resting with Kalyani group, would be the first private sector entity to manufacture such weapon systems in the country.

Kalyani group chairman Baba Kalyani said the JV is ready to supply the missile, Spike, to the army, and 90 percent of its components will be sourced locally.
"The Spike missile is a fully-built ATGM (anti-tank guided missile) unit except for the explosives and the propellants, and we can supply this weapon which has a 2.5 km range to the army within a couple of weeks of getting orders," Kalyani said.

The 24,000 sq ft facility was set up in under 10 months and can produce "thousands of missiles", Kalyani said, adding the company will look for overseas customers if the Army delays orders.

When asked what is making the army delay its order as Spike is fully tested and approved by it, Kalyani said there were "procedural delays".

It can be noted that the first "Request for Qualification" for anti-tank guided missile production was invited in 2010 but nothing moved as there was a lack of policy clarity on FDI in the defence sector.

Kalyani Friday said the JV is ready to invest another Rs 60-70 crore in the facility, depending on government or overseas orders over the next two years. "We see $1 billion worth business opportunity with this business vertical. We also have plans to begin production of Spike missile, which is an air-to-surface weapon, for the Air Force soon," he said.

Kalyani Strategic Systems, the defence vertical of the $2.5 billion group having its origins in auto components, entered into the joint venture with $3 billion Israeli government-owned Rafael in 2015. "The JV will invest in high-end technology and advanced manufacturing techniques to design, develop and manufacture weapon systems for the Defence forces. "This venture will offer direct employment to 300 and around 1,000 people indirectly through its hundreds of vendors who are all in the small scale sector," Kalyani added.

The plant was inaugurated by Telangana industries, commerce & IT minister Kalvakuntla Taraka Rama Rao in the presence of Israeli envoy Daniel Carmon.

The facility will enable production of high-end technology systems for the Armed forces and will be engaged in developing a wide range of advanced capabilities like command control and guidance, electro-optics, remote weapon systems, precision guided munitions and system engineering for system integration.

It will also aim to export products to other countries, especially to south-east Asia, said Yoav Har-Even, president & chief executive of Rafael Advanced Defence Systems.

Rao said Hyderabad is home to over 30,000 defence electronic engineers as it houses almost all public sector entities working in this field.
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