SOURCE: IDRW.ORG
The Adani Group, a prominent Indian conglomerate, is setting its sights on becoming a major player in the country’s defense sector. According to sources familiar with the developments, Adani has allocated a war chest of $2-2.5 billion for acquisitions over the next 2-3 years.
Drone technology appears to be a key area of focus. The company is reportedly zeroing in on drone tech firms in Bengaluru and Hyderabad, known for their expertise in developing drones for reconnaissance missions in hostile environments. This acquisition strategy aligns with Adani’s broader ambitions to ramp up investments in unmanned systems, small arms, and missiles. Additionally, the group plans to venture into the production of indigenous artillery guns, further bolstering India’s self-reliance in defense equipment.
Beyond acquisition, Adani also seeks to establish a strong presence in defense maintenance. The company reportedly aims to develop solutions for maintenance, repair, and overhaul (MRO) within India, potentially providing crucial support for the country’s military hardware.
This move by Adani signifies a significant development in the Indian defense sector. With substantial resources at its disposal, Adani has the potential to become a major force in domestic defense manufacturing and technological innovation. The company’s focus on unmanned systems and indigenous production aligns with the government’s push for self-reliance in defense equipment. The success of Adani’s endeavors will be keenly watched as it strives to transform itself into a comprehensive defense solutions provider.
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