Image Credit: Wikimedia Commons
The Adani group has unveiled two facilities dedicated to manufacturing an ammunition missile complex in Kanpur, making it the largest of its kind in the country.
Yogi Adityanath, the Chief Minister of Uttar Pradesh helped inaugurate the ammunition complex, alongside the Chief of Army Staff, the first for its state’s addition to the defense corridor.
A sparkling 4000 jobs are reported to be added within the complex, boosting the MSME with five times the multiplier effect on MSMEs and the local ecosystem benefiting from it indirectly and an investment plan of Rs 3000+ crore, according to the CEO of the Adani Defence, Ashish Rajvanshi.
In a speech during the event, the Chief of Army Staff talked about the importance of this new step, and said 32 variants of ammunition in 12 categories were identified for manufacture by the Indian industry in phase one. “All cases are likely to fructify in the next one year, as per the envisaged timelines.
The complex in Kanpur has been thought of becoming one of the largest integrated ammunition manufacturing complexes in South Asia, Adani Defence and Aerospace said in a statement. This facility will produce high-quality small, medium, and large-caliber ammunition for the armed forces, paramilitary forces, and police. “The facility has started rolling out small caliber ammunition, starting with 150 million rounds estimated at 25% of India’s annual requirement.”
To help Kanpur stand as South Asia’s biggest manufacturing unit of arms, A Memorandum of Association was created between the Uttar Pradesh Industrial Development Authority (UPIDA) and Adani Aerospace and Defence, along with other firms, to support this cause.
The unit is also set to manufacture light machine gun NEGEV, assault rifles ACE and TAVOR, 9mm pistol Masada, submachine gun Uzi, and sniper rifles Galil and DAN, in collaboration with Israel Weapon Industries (IWI) at Saadh.
This whole move has been coined as India’s relentless move towards self-reliance particularly with an effort to produce domestic arms and ammunition internally, to garner more confidence within the forces, have a prepared strategy for any unforeseen conflict, and display India’s capabilities to the world as a Powerhouse of Defence Production.
Source Credit: The Economic Times