Adani Defence to Spend ₹2,500 Crore on Missile Ecosystem Factory

Adani Defence has announced the establishment of a missile ecosystem factory in Shivpuri, Gujarat, with an investment of ₹2,500 crore (approximately $26.15 million). This factory will be dedicated to the production of new defense weapons and will create employment opportunities for local youth. This step is a significant initiative towards promoting self-reliance and private sector participation in India's defense sector.