Adani Enterprises Ltd12:37 am IST
Adani Defence & Aerospace to invest ₹2,500 crore in Shivpuri missile ecosystem project
Investment details
- Adani Defence & Aerospace to invest ₹2,500 crore in Shivpuri, MP, creating South Asia's largest private-sector missile ecosystem.
- Project includes composite propellant and TNT production at a single site.
- 5,000 direct and indirect skilled jobs expected from the investment.
- Groundbreaking aligns MP as defence hub and strengthens indigenous missile capabilities.
- Project targets DRDO trials transition to serial production; supports Indian Armed Forces' requirements.