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Amdavad News

The Adani Group has entered the small arms business with the acquisition of a facility in Gwalior The Adani Group has entered the small arms business with the acquisition of a facility in Gwalior that will produce machine guns, carbines and other weapons for the local and export markets.The acquisition – through a joint venture in which Israeli manufacturer IWI holds a 49% stake – will help the group acquire capabilities ranging from UAVs to helicopter systems to major aero structures. Read more at:https://economictimes.indiatimes.com/news/defence/adani-buys-unit-in-gwalior-to-enter-small-arms-business/articleshow/73147568.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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