Kanpur: Adani Defence and Aerospace, a part of Gautam Adani-led Adani group, on Monday launched two mega facilities to manufacture ammunition and missiles in Kanpur, Uttar Pradesh.
Spread over 500 acres, the facility will be one of the largest integrated ammunition manufacturing complexes in South Asia.
The Adani group company plans to invest over Rs 3,000 crore in the facilities, which are expected to create around 4,000 jobs, with five times the multiplier effect on MSMEs and the local ecosystem benefiting from it indirectly, it says in a release.
The facilities will produce high-quality small, medium and large-calibre ammunition for the armed forces, paramilitary forces and police. The release notes that the facility has started rolling out small calibre ammunition, starting with 150 million rounds estimated at 25% of India’s annual requirement.
Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the facilities in the presence of senior dignitaries from the Ministry of Defence and the state government.
The unveiling of the facilities coincided with the fifth anniversary of the Balakot airstrike ‘Operation Bandar’, a historic operation by the Indian Air Force that was a testimony to India’s strategic assertiveness over external threats.