Sreeram,
When generating the webservice, there is an “Generate WSDL in project” checkbox on page 2 of the bottom up wizard. If you check that, the WSDL and corresponding XSD file(s) will be generated and stored in your project as part of the generation process.
You can use MyEclipse to deploy the service to your server direction. If desired, you can generate the WAR file and JAR files using the corresponding wizards under File > Export, however, we will not generate ant build files.
Hope this helps, let us know if you require further assistance.