Gautam Adani: After infrastructure, green energy, port, now Adani Group is going to make big investment in defense sector. Adani Group company Adani Defense and Aerospace is thinking of expanding its ammunition manufacturing factory spread over 500 acres near Kanpur.
In this sequence, there is a preparation to invest Rs 7,000 crore. The company aims to supply about 25 percent of the ammunition requirements for the country’s army, central investigative agencies, police and special units.
The plan is to reduce dependence on imports.
Small caliber ammunition is already being manufactured in the Defense Corridor of Uttar Pradesh near Kanpur. As far as Adani Defense and Aerospace unit is concerned, its annual production capacity is 15 crore rounds, which can be increased to 50 crore rounds in the future.
Adani Group’s plan is to reduce its dependence on explosive materials imported from other countries. Company’s Joint President and Land System Head Ashok Wadhawan said that there is a huge shortage of energy materials at the global level. He said, “Even if you place an order abroad, the delivery can be done only till 2027. We have increased our capacity by collaborating with many foreign suppliers so that the production can continue.”
Business is continuously growing
The company has already received large orders from the Indian Armed Forces and other security agencies. Besides, Adani Defense has also started expanding its export business. Company officials say that they are now supplying ammunition to buyers in Europe and many Asian countries.
Apart from ammunition, Adani Defense has also provided drones and loitering weapons to the Indian Armed Forces. Some of these were also used during ‘Operation Sindoor’. The company manufactures drones in its Hyderabad unit. It also has a joint venture with Israeli company Elbit Advanced, which is known as Adani Elbit Advanced India Limited. Along with making drones, the company also makes unmanned aircraft.
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