The Economic Times

Adani Defence to invest Rs 2,500 crore in missile manufacturing complex in Madhya Pradesh

Adani Defence & Aerospace has inaugurated South Asia's largest private missile ecosystem in Shivpuri, Madhya Pradesh. This Rs 2,500 crore facility will house the entire missile manufacturing value chain, from raw materials to finished systems, a first for India's private sector. The project aims to boost indigenous defence production and create thousands of jobs, complementing existing defence manufacturing in Gwalior.