Adani unveils South Asia's largest ammunition manufacturing complex in UP, Army chief lauds ‘milestone'
9 months, 4 weeks ago

Adani unveils South Asia's largest ammunition manufacturing complex in UP, Army chief lauds ‘milestone'

India TV News  

In a major push to the ‘Atmanirbhar Bharat’ initiative in India’s defence sector, two mega facilities to manufacture ammunition and missiles by Adani Defence & Aerospace, a part of the Adani Group, were inaugurated in Uttar Pradesh’s Kanpur on Monday. The South Asia's largest ammunition manufacturing complex is aimed at providing significant impetus to the nation’s self-reliance and technological advancement in defence. Adani Defence & Aerospace has made the largest investment in the Uttar Pradesh Defence Corridor, which will play a crucial role in developing a vibrant defence ecosystem,” he said. The ammunition complex started operations in less than two years of its announcement by the Adani Group during the Uttar Pradesh Investors’ Summit in 2022, the company said.

India Chief Yogi Adityanath Cm Yogi Defence Adani Largest Ammunition  uttar  unveils  facility  army  milestone  general  largest  ammunition  facilities  south  manufacturing  lauds  asias  chief  aerospace  defence  adani  yogi  complex

History of this topic

Adani Group to acquire aircraft maintenance company Air Works for ₹400 crore
15 hours, 42 minutes ago

Adani Group to acquire aircraft maintenance company Air Works for ₹400 crore

Hindustan Times  

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul services firm Air Works for an enterprise value of ₹400 crore. The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024 "Adani Defence Systems & Technologies Ltd has signed a share purchase agreement …

Adani Group to invest $10 billion in US energy and infrastructure projects
1 month, 1 week ago

Adani Group to invest $10 billion in US energy and infrastructure projects

Live Mint  

Adani Group founder and chairman Gautam Adani said in a social media post on platform X on Wednesday, November 13, that the company will invest $10 billion in energy and infrastructure projects in the United States. The Adani Group Chair announced the company's aims to expand the partnership between India and the United States by leveraging its global expertise and …

Adani’s resurgence: A $5-7 bn war chest for cement, ports, defence acquisitions
3 months ago

Adani’s resurgence: A $5-7 bn war chest for cement, ports, defence acquisitions

Live Mint  

The Adani group has created a war chest of $5-7 billion for acquisitions over the next six months, reviving an aggressive growth strategy that had defined the airports-to-electricity conglomerate before US-based short-seller Hindenburg Research hit it with its alarming allegations. Two people directly aware of the Adani group’s plans said the conglomerate plans to acquire companies primarily in cement, airports, …

Adani floats China subsidiary to provide project management services
3 months, 2 weeks ago

Adani floats China subsidiary to provide project management services

The Hindu  

Adani Group has formed a subsidiary in China to carry out the business of providing supply chain solutions and project management services, according to a regulatory filing. Adani Enterprises, the group's flagship firm, in the filing, said a Singapore-based step-down subsidiary incorporated a wholly-owned subsidiary, Adani Energy Resources Co., domiciled in Shanghai, China on September 2, 2024. "AERCL is incorporated …

Top five to corner 55 pc market share in cement sector
6 months, 1 week ago

Top five to corner 55 pc market share in cement sector

Deccan Chronicle  

Chennai: Amidst reports of Adani Group exploring more acquisitions in the cement sector, ICRA foresees further consolidation in the sector with top five companies cornering 55 per cent share by next year. According to ICRA, the market share of the top five cement companies witnessed a steep rise to 54 per cent as of December 2023 from 45 per cent …

Adani Group plans mega defence sector investments in next 10 years, cites this reason
9 months, 2 weeks ago

Adani Group plans mega defence sector investments in next 10 years, cites this reason

Hindustan Times  

The Adani Group will make big investments in the defence sector in the next 10 years in accordance with the Centre's push for self-reliance in defence manufacturing. The Adani Group is going to make big investments in the defence sector in the next 10 years Last month, the Adani Group firm had inaugurated two mega facilities to manufacture ammunition and …

Adani Defence & Aerospace starts South Asia’s largest ammunition & missiles complex in Kanpur
9 months, 3 weeks ago

Adani Defence & Aerospace starts South Asia’s largest ammunition & missiles complex in Kanpur

Hindustan Times  

In a boost to India's defence capabilities, the country's leading private sector defence manufacturer Adani Defence & Aerospace launched two facilities dedicated to the production of ammunition and missiles in Kanpur, Uttar Pradesh. Adani Defence already manufactures drones, anti-drone systems and small arms including light machine guns, assault rifles and pistols, according to the company’s website. The mega facilities, touted …

Adani Defence & Aerospace to acquire Air Works for Rs 400 crore
2 years, 2 months ago

Adani Defence & Aerospace to acquire Air Works for Rs 400 crore

India TV News  

Adani Defence Systems & Technologies Ltd. has signed definitive agreements to acquire Air Works, India’s biggest and highly diversified independent MRO with the largest pan-India network presence across 27 cities. From the first P-8I aircraft Phase 32 checks to Phase 48 checks and MRO on the landing gear of the Indian Air Force’s 737 VVIP aircraft, Air Works undertakes base …

Adani Enterprises To Acquire 50% Stake in Bengaluru-Based General Aeronautics
2 years, 6 months ago

Adani Enterprises To Acquire 50% Stake in Bengaluru-Based General Aeronautics

News 18  

Adani Enterprises on Friday said its wholly-owned subsidiary Adani Defence Systems and Technologies has signed a definitive agreement to acquire a 50 per cent stake in General Aeronautics, which provides robotic drones and drone-based solutions for crop protection. “Adani Defence Systems and Technologies Ltd shall leverage its military drone and AI/ML capabilities and work with General Aeronautics for providing end-to-end …

How Adani group outstripped JSW to become India's 2nd largest cement maker
2 years, 7 months ago

How Adani group outstripped JSW to become India's 2nd largest cement maker

India Today  

Asia's richest man, Gautam Adani-led Adani group, has acquired a controlling stake in Switzerland-based Holcim AG's cement businesses in India in a deal worth $10.5 billion. The steel-to-cement JSW group's chief Sajjan Jindal told the Financial Times last week it would make a $7 billion bid for Holcim subsidiaries Ambuja Cements Ltd and ACC Ltd. JSW had said it would …

Adani to Become India's Second-Biggest Cement Maker With $10.5 Billion Holcim Deal
2 years, 7 months ago

Adani to Become India's Second-Biggest Cement Maker With $10.5 Billion Holcim Deal

News 18  

India’s Adani Group acquired a controlling stake in Holcim AG’s cement businesses in India in a $10.5 billion deal to become the second-biggest cement producer in the country, Adani Group said in a statement on Sunday. Asia’s richest person Gautam Adani’s conglomerate acquired 63.19 per cent of Ambuja Cements Ltd and its subsidiary ACC in fierce bidding with local companies. …

Adani to become India's second-biggest cement maker with $10.5 bn Holcim deal
2 years, 7 months ago

Adani to become India's second-biggest cement maker with $10.5 bn Holcim deal

Hindustan Times  

India's Adani Group acquired a controlling stake in Holcim AG's cement businesses in India in a $10.5 billion deal to become the second biggest cement producer in the country, Adani Group said in a statement on Sunday. Asia's richest person Gautam Adani's conglomerate acquired 63.19% of Ambuja Cements Ltd and its subsidiary ACC in fierce bidding with local companies. The …

Discover Related