The Gujarat government has approved investment by the Group to upgrade facilities for armoured fighting vehicles, defence electronic manufacture and radar manufacturing facilities, Kalyani Group said in a statement.
An MoU for upgradation and overhaul of the Dholera plant has been signed.
"This is in line with the vision of the Prime Minister towards 'Make in India'. We are confident that given an opportunity we can become the manufacturing hub for the world," Kalyani Group Executive Director Amit B Kalyani said.