L & T MBDA to Commence Infrastructure Work in Coimbatore SEZ for Missile Assembly

Businessline reported that L&T MBDA Missile Systems Ltd, a joint venture between L&T and France’s missile systems manufacturer MBDA, has received in-principle approval from the Board of Approval for SEZs for its proposed unit for assembly of missile weapon systems at the Aspen Infrastructure Ltd Special Economic Zone (SEZ) in Coimbatore.  The approval will thus enable the company to undertake infrastructure work  even as the industrial licence from the Department for Promotion of Industrial and Internal Trade (DPIIT) will follow.................................

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