Adani Group to double ammunition production capacity amid strong global demand

Fueled by strong global demand, Adani Group's big investment in ammunition is yielding results. The company has secured multi-year export orders and is now gearing up to significantly expand production capacity.

The company, currently producing 150 m rounds of small arms ammunition annually, plans to double capacity to 300 m rounds by year-end. It has already secured advance export bookings for the next two years.

Larger export bookings have been secured for 155 mm artillery shells that the company will commence producing this year. The large caliber plant is currently being set up and will initially produce 150,000 rounds of 155 mm ammunition per year. Ashish Rajvanshi, Chief Executive Officer of Adani Defence & Aerospace told ET that export bookings have already been secured for the next five years, with more inquiries coming in regularly.


Given the Russia-Ukraine conflict and instability in several other regions, there has been a strong demand for artillery shells, with most countries running low on reserves and desperately placing orders to secure supplies at the earliest.

While the Adani group has secured export bookings for the next five years for this ammunition, it is reserving 33 percent of its production capacity in anticipation of requirements arising from within the country.