Adani Enterprises’ defence arm, Adani Defence & Aerospace, has announced an investment of Rs 2,500 crore to set up what it calls South Asia’s largest private-sector missile manufacturing ecosystem in Shivpuri, Madhya Pradesh. The company said in a regulatory filing that it broke ground for the project on Saturday.”The project will set up an advanced missile ecosystem with composite propellant and Trinitrotoluene (TNT) production at a single location, creating India’s first backward-integrated private-sector capability of its kind,” Adani Defence & Aerospace noted.