According to a release, JSW Gecko, pushed by its founders led by Jaskirat Singh Nagra, has bagged an order worth Rs 250 crore from the defence ministry for the manufacturing and supply of 96 Specialist Mobility Vehicles branded as ATOR N1200.
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JSW Group, a leading conglomerate, announced on Thursday that it has entered the defence industry by acquiring a majority investment in Gecko Motors Pvt Ltd, which manufactures extreme off-road vehicles. Its subsidiary, JSW Defence and Aerospace, has acquired an interest in the company, which has been renamed JSW Gecko Motors Pvt Ltd (JSW Gecko).