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Adani Group Plans Major Investments in Defence Sector Over Next Decade

Adani Group Plans Major Investments in Defence Sector Over Next Decade

10 March 2024 – Adani Group’s Adani Defence and Aerospace CEO, Ashish Rajvanshi, announced that the Adani Group is poised to make substantial investments in India’s defence sector in the coming decade. Aligning with the government’s ‘Make in India’ initiative for self-reliance in defence manufacturing, Rajvanshi emphasized the collaborative effort required from all stakeholders to achieve this ambitious goal.

Adani Defence and Aerospace, led by CEO Ashish Rajvanshi, recently inaugurated two expansive facilities for ammunition and missile manufacturing. The Kanpur facility, spanning 500 acres, aims to be a premier integrated ammunition manufacturing complex, contributing high-quality ammunition for the armed forces, paramilitary, and police.

The announcement signifies Adani’s commitment to advancing India’s defence capabilities and reducing dependence on imports. The strategic investments, coupled with the recent facility inaugurations, align with Prime Minister Narendra Modi’s vision of a ‘self-reliant India’ and reflect the changing landscape of India’s defence industry.


Conclusion:

Adani’s proactive approach in bolstering domestic defence manufacturing contributes to the nation’s self-reliance objectives. The envisioned investments over the next decade mark a significant step towards reinforcing India’s position in the global defence arena and fostering a robust indigenous defence industry.

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