BusinessCORPORATE / BUSINESS

Defence & Aerospace sign MoU to build South Asia’s largest integrated ammunition manufacturing complex in Uttar Pradesh Defence Industrial Corridor

by Suman Gupta

  • Adani Defence to invest Rs. 1,500crore for setting up a state-of-the-art ammunition development and manufacturing complex in Kanpur Node of the UP Defence Industrial Corridor

  • The complex spread over 250+ acres to have state-of-the-art technology across small and medium calibre ammunition, along with short-range air defence missiles

  • 1,500 people to be employed using the best-in-class technologies to manufacture high- quality ammunition for domestic and export markets

  • Will be a key facilitator in India’s goal of achieving US$5.0 billion exports in defence manufacturing

Lucknow, 03rd June 2022: The Government of Uttar Pradesh signed a Memorandum of  Understanding at the eve of the  Global  Investors’  Summit in Lucknow to set up  South  Asia’s largest integrated manufacturing facility in  Uttar  Pradesh Defence Industrial Corridor.

In his address at the UP summit, Gautam Adani, Chairman of the Adani Group highlighted the importance of having self-reliance in high quality ammunition and the manufacturing complex is Adani Defence’s endeavour towards equipping our Armed Forces with state-of-the-art battlefield equipment.

Speaking on the eve of the signing of the MoU, CEO, UP Expressways & Industrial Development Authority (UPEIDA) and Additional Chief SecretaryAwanish Kumar Awasthi, said this project is going to prove as a landmark in the history of indigenous defence manufacturing.

Giving more details about the plans to build South Asia’s largest manufacturing facility, Ashish Rajvanshi, President & CEO of Adani Defence & Aerospace, said, “With our vision of nation-building combined with the clarion call of Atmanirbhar Bharat by the Honourable Prime Minister, Shri Narendra Modi ji, we are setting up South Asia’s largest integrated ammunition complex in the Uttar Pradesh Defence Corridor. The ammunition complex will have state-of-the-art technology across small and medium calibre ammunition, along with short-range air defence missiles. It shall be a key facilitator in India’s goal of achieving US$5.0 billion exports in defence manufacturing.”

The complex, which is spread over 250+ acres and an investment of around 1,500Cr is slated to have state-of-the-art technology across small and medium calibre ammunition, along with short-range air defence missiles. There are plans to hire around 1,500 people, who will use the best-in-class technologies to manufacture high-quality ammunition for domestic and export markets.

Aligned to the Make-In-India vision, Adani Defence and Aerospace has bolstered its vision to make the country’s defence manufacturing self-reliant with several such initiatives in the recent past, which includes India’s first unmanned aerial vehicles manufacturing facility and India’s first private sector small arms manufacturing facility.

Rajvanshi concluded, “The recent geopolitical events have further reinforced that self-reliance in defence and security has to be accelerated. Unmanned platforms, short range missiles and ammunitions, cyber defence coupled with AI/ML driven analytics will become the decisive factors in the future wars and conflicts.”

About Adani Group: Headquartered in Ahmedabad, India, the Adani Group is the largest and fastest-growing portfolio of diversified businesses in India with interests in Defence & Aerospace, Logistics (seaports, airports, logistics, shipping, and rail), Resources, Power Generation and Distribution, Renewable Energy, Gas, and Infrastructure, Argo (commodities, edible oil, food products, cold storage, and grain silos), Real Estate, Public Transport Infrastructure, and other sectors.

Adani owes its success and leadership position to its core philosophy of ‘Nation Building’ and ‘Growth with Goodness’ – a guiding principle for sustainable growth. The Group is committed to protecting the environment and improving communities through its CSR programmes based on the principles of sustainability, diversity, and shared values.

Related posts

SWEAT MAKES YOU SHINE: GATORADE® LAUNCHES CAMPAIGN WITH HARDIK PANDYA 

mumbainewsexpress

Dell Technologies strengthens its PC gaming portfolio in India with the launch of its gaming desktop

mumbainewsexpress

Garware Technical Fibres, leads the mechanized fishing market in India

Leave a Comment

13 − = 9