Indian conglomerate JSW Group enters defence sector with new business vertical, JSW Defence, focusing on domestic and overseas markets. JSW Defence aims to supply equipment to Indian Armed Forces, become a global player, and contribute to India s ambition of being a USD 5 billion defence export economy. JSW Defence acquires majority stake in Gecko Motors, renamed as JSW Gecko, and secures Rs 250 crore order from defence ministry for supply of 96 ATOR N1200 specialist mobility vehicles. JSW Group partners with UK-based Copato for joint venture and technology supply license agreement to manufacture specialist mobility vehicles in India.