Billionaire Adani Invests $362 Million To Boost India’s Munitions

The group controlled by billionaire Gautam Adani will invest more than 30 billion rupees ($362 million) to manufacture ammunitions and missiles, Adani Defence and Aerospace announced on Monday. The Adani Group is reacting to India’s ambition to become more self-reliant in defence manufacturing and export more arms. On Monday, the group also unveiled what it

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