05-Jul-2026 17:51:08
Adani Group to Invest ₹2,500 Crore in Missile Manufacturing Hub in MP
Adani Defence & Aerospace will invest ₹2,500 crore over the next three years to establish South Asia's largest private-sector missile manufacturing ecosystem in Shivpuri, Madhya Pradesh. The integrated facility will manufacture medium- and long-range missile systems, composite propellants and explosive materials under one roof. The project is expected to create around 5,000 direct and indirect jobs while supporting over 50 MSMEs, significantly boosting India's defence self-reliance under the Aatmanirbhar Bharat initiative.