Adani to pump Rs 2,500 cr in missile hub

Adani Defence & Aerospace has laid the foundation for South Asia's largest private-sector missile manufacturing ecosystem in Shivpuri, Madhya Pradesh, with an investment of Rs 2,500 crore. The facility will manufacture medium- and long-range missile systems and create 5,000 jobs, complementing existing defense manufacturing operations in Gwalior, strengthening India's indigenous defense capabilities.