Adani Defence CEO’s 10-Year Defence Sector Investment

The Adani Group is going to make big investments in the defence sector in the next 10 years in line with the government’s push for achieving self-reliance in defence manufacturing, a top executive of the company said. Ashish Rajvanshi, the CEO of Adani Defence and Aerospace, said the company is complementing the government’s efforts towards ‘Make in India’, noting that “everyone will have to work together” to realise the desired goal.

Adani Defence’s Mega Facilities

In a major move, the Adani Defence and Aerospace last month inaugurated two mega facilities to manufacture ammunition and missiles. Spread over 500 acres, the facility in Kanpur is set to become one of the largest integrated ammunition manufacturing complexes, according to the company. It will produce high-quality small, medium and large-calibre ammunition for the armed forces, paramilitary forces and police.

Another facility in Coimbatore will produce advanced composite materials for missiles, rockets and aircraft. The facility will also have a research and development centre to develop new technologies and products for defence applications.

India’s Defence Reforms

Rajvanshi also referred to various reform measures initiated by the government in the last few years to boost domestic defence industries. “In the last five years, the steps taken under the leadership of Defence Minister Rajnath Singh towards making India self-reliant in the defence sector are yielding good results,” Rajvanshi said.

He particularly cited policy initiatives to provide space to private defence industries as well as efforts to encourage startups, MSMEs. “There has been a big change in the policies to promote indigenisation in the last three years — how can we promote our industry — now everyone is working in this direction,” he said.

Adani Defence’s Future Plans

In his address, Rajvanshi also said that a road map will have to be made and work will have to be done accordingly, adding “this will get everyone’s support.” “We have given modern drones to the Navy. It can be used in both civil and defence. Now we will also be able to export ammunition,” he said.

He also mentioned that Adani Defence is working on several projects with foreign partners such as Airbus, Thales, Elbit Systems and Rostec. He said that these collaborations will help bring cutting-edge technologies and best practices to India.

Conclusion

Adani Defence CEO Ashish Rajvanshi announced that the company will make big investments in the defence sector in the next 10 years. He said that the company is supporting the government’s vision of ‘Make in India’ and ‘self-reliant India’ in defence manufacturing. He also highlighted the company’s achievements and plans in developing and producing ammunition, missiles, composite materials and drones for India’s defence forces.

Recent Blog : Right to Repair: Warranty, Service Info on Electronics, Autos