South Asia’s largest arms company will be formed in Uttar Pradesh (UP). Adani Group will build the largest complex of arms and ammunition in South Asia in Uttar Pradesh. The company is investing Rs 1,500 crore project for this work on 250 acres of UP Defense Industrial Corridor.
In this project of Adani Group, apart from high-tech short and medium-range weapons, short-range air defense missiles will also be made. Along with this, the Yogi government has got great success in setting up its unit in the Defense Corridor in Uttar Pradesh for the arms manufacturer. Adani Group will build a large complex of defense equipment here.
Best technology will be used
The best technologies will be used in this big construction work being done in South Asia. Let us tell you that this will help in achieving India’s target of 5 billion dollars in the field of defense manufacturing. About 1,500 people will get employment in this project. Earlier on Friday, Gautam Adani had attended the ground breaking ceremony of projects worth 80 thousand crores in UP.
Adani will invest 70 thousand crores in UP
Taking part in this ceremony, Gautam Adani told that many companies of his group will invest 70 thousand crores for investment in UP. With this investment, about 30 thousand people will get employment in Uttar Pradesh. Adani companies in UP are ready to invest in many areas like data center business, agriculture, green energy, logistics.
Adani praised PM Modi and CM Yogi
Earlier on Friday, many big industrialists of the country including PM Modi, CM Yogi, Gautam Adani participated in this event held in Lucknow, the capital of UP. Giving information about the investment of his group companies, Gautam Adani said that his companies will invest Rs 35000 crore in the defense sector and Rs 24000 crore on road transport infrastructure. On this occasion, he also praised PM Modi and CM Yogi.