DCX Systems signs MoU with Tamil Nadu govt for Hosur radar manufacturing unit

The manufacturing unit will be located in Hosur, part of India’s Defence Industrial Corridor, and will benefit from the Tamil Nadu Industrial Policy 2021 and Aerospace and Defence Industrial Policy 2022. Shares of DCX Systems Ltd ended at ₹275, up by ₹6.15 or 2.29%, on the BSE today, September 12.

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