Adani invests $362 million to build two local defence factories | India Business News – Times of India

[ad_1] Billionaire Gautam Adani’s conglomerate started two defense facilities in northern India this week at an investment of 30 billion rupees ($362 million), bolstering the country’s campaign to become self-reliant and promote local manufacturing. Built by Adani Defence & Aerospace, a closely held firm in the Adani Group, at Kanpur in the Uttar Pradesh state…

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