UP's Kanpur, 'Manchester of the East', pivots to military ware hub

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Spread over 500 acres, the plant is expected to produce a range of small, medium, and large calibre ammunition for the army, paramilitary, and police.

Ananth Technologies is set to invest Rs 2,000 crore to produce GEO satellites.

They have also proposed an additional Rs 1,500 crore investment for a LEO satellite manufacturing unit.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Textile sector Defence sector Kanpur Aerospace UP Defence Industrial Corridor

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 19:37:53 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24598378

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 264 posts per day

Year Established: 1975

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News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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