Kanpur: The Adani Group on Monday announced opening of two mega facilities to manufacture ammunition and missiles – the largest in South Asia – as it consolidates its presence in defence manufacturing.
Adani Defence Y Aerospace has invested over Rs 3,000 crore in the factories that are spread over 500 acres and will manufacture full spectrum of ammunition.
“These cutting-edge facilities, which are first of their kind in the private sector in India, will provide a significant impetus to the nation’s self-reliance and technological advancement in defence,” it said in a statement.
The…