24 Oct 2025 | 5 Mins Read
HFCL bets big on defence sector expansion at Andhra complex
Flipitmoney
HFCL sees a massive opportunity in the defence and aerospace segments. The company acquired a 1,000-acre land parcel in Andhra Pradesh to develop a facility producing artillery shells, multimodal grenades, and other military ammunition. HFCL expects its defence revenues to cross Rs 500 crore next year, driven by new product launches and major projects.