Will build Shivpuri missile defence facility with Rs 2,500 crore investment: Jeet Adani
Ahmedabad, July 5
The Adani Group on Sunday announced that it will invest Rs 2,500 crore over the next three years to establish an integrated missile manufacturing ecosystem in Madhya Pradesh's Shivpuri.
The facility, described as South Asia's largest private-sector missile ecosystem, will bring the entire value chain -- from raw materials to mission-ready missile systems -- under one roof.
In his address at the foundation stone-laying ceremony, Adani Enterprises Director Jeet Adani said the project marks a historic milestone for India's private defence manufacturing sector and will significantly enhance the country's self-reliance in strategic defence capabilities.
"We have gathered here today for a landmark occasion-laying the foundation of South Asia's largest private-sector missile ecosystem. This facility will bring raw materials and mission-ready missiles under one roof, a historic first outside the public sector," he said.
According to Jeet Adani, the Shivpuri complex will manufacture medium- to long-range missile systems while also establishing facilities for composite propellant production and TNT and explosive-grade materials, reducing India's dependence on defence imports.
He said the project will generate around 5,000 direct and indirect employment opportunities and support the growth of more than 50 micro, small and medium enterprises (MSMEs) through a specialised defence supply chain.
Highlighting the company's broader investments in Madhya Pradesh, Jeet Adani said the defence project is part of the Adani Group's Rs 1.10 lakh crore investment commitment announced at the Global Investors Summit in Bhopal. The investments span hydro pumped storage, cement, mining, smart meters and thermal energy and are expected to create 1.2 lakh jobs in the state by 2030.
He added that the group has already invested over Rs 4,000 crore in its Ametha and Kymor plants in Katni district. Adani Power currently supplies 1,200 MW of electricity to Madhya Pradesh, with another 5,600 MW under development. The company has also commissioned wind energy projects in Lahori, Dhar, Ratlam and Ujjain, while preparations are underway to establish a cement plant in Ujjain.
Jeet Adani also noted that the group recently laid the foundation stone for its Rs 1,060 crore cement unit in Guna, describing it as the largest investment in the district's history.
— IANS
Reader Comments
Rs 2,500 crore is a huge investment! But I hope the Adani Group also focuses on R&D and technology transfer, not just assembly. We need indigenous technology, not just manufacturing under license. Also, will this facility produce missiles for all three forces? The article is vague on specifics. Still, good to see private sector entering strategic defence - DRDO can't do everything alone. 🇮🇳
As someone who follows global defence news, this is impressive. South Asia's largest private missile ecosystem is no small claim. But I do wonder about the environmental impact - TNT and explosive-grade materials require very strict safety protocols. Hope they follow international standards. Also, 5,600 MW new power capacity alongside a defence plant? That's a smart synergy - captive power for sensitive operations.
Good initiative but I'm skeptical about the timeline. "Three years" for an integrated missile ecosystem? Even established defence contractors in the US take 5-7 years for such facilities. Hope they're not over-promising. Also, Rs 2,500 crore sounds modest for a full-spectrum missile factory - Boeing spends that much on a single production line. Let's see if this scales up.
Excellent move! Madhya Pradesh is emerging as a defence manufacturing hub. First the Ametha plant, now this - Adani is putting their money where their mouth is. But I hope the government ensures that this facility actually exports to friendly nations and generates foreign exchange. India has world-class missile tech (Brahmos, Nag, etc.) and private sector can help commercialize it. Just don't let it become another "import with Indian label" scenario.
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