Gautam Adani’s conglomerate inaugurated two defense facilities in northern India, representing an investment of 30 billion rupees ($362 million). These facilities, established by Adani Defence & Aerospace, signify India’s drive towards self-reliance in defense manufacturing.
Location and Production
- Situated in Kanpur, Uttar Pradesh, spanning 500 acres.
- Aimed at producing small, medium, and large caliber ammunition for the armed forces, paramilitary forces, and police.
Production Capacity and Targets
- Expected to produce 150 million rounds of ammunition annually, addressing a significant portion of India’s requirements.
- Planned to manufacture 200,000 rounds annually of large caliber artillery and tank ammunition by 2025.
- Anticipates producing five million rounds of medium caliber ammunition annually by the subsequent year.
- Equipped to manufacture short-range and long-range missiles.
Job Creation and Product Portfolio
- Expected to create over 4,000 jobs.
- Complements existing manufacturing of drones, anti-drone systems, light machine guns, assault rifles, and pistols by Adani Defence.