India takes pride being one of the world’s fastest-growing economies and on course to be the world’s third-largest economy by 2030. India needs to have a similar vision to become self-reliant in defence and security and to equip its armed forces with “the best in the world” by 2030. Today, India not only spends billions of dollars on importing weapons but also relatively does not get the latest technology. In continuation of Adani’s vision of nation-building, the Adani Group is keen to play an instrumental role in helping transform India into a destination for world-class high-tech defence manufacturing, aligned to PM Modi’s ‘Make in India’ initiative which underpins Adani’s strategy to enable a greater degree of self-reliance for India in defence and security, stronger trade balance, making India an export hub for defence equipment and technologies, substantial skill-building and job creation in industrial manufacturing and finally develop indigenous base for Research, Innovation and Technology. The Adani Group, with the US $12bn revenues, $2.5bn operating margins and $20bn of assets is one of the most experienced in mega projects execution, engineering, system integration, and hi-tech manufacturing.
There are four pillars to Adani’s Defence & Aerospace roadmap :
- Focus on platforms and technologies of critical importance to assert India’s military competence and help meet the security challenges
- Collaborate with credible and committed global partners willing to team-up for the long term, and willing to transfer state-of-the-art technology and skills to India
- Focus on capabilities critical for true indigenisation including design, system integration, maintenance & upgrade in India
- Help to develop and grow dynamic MSMEs, critical for rapid scale-up and sustainable ecosystem in India
Adani has announced a collaboration with Saab for the Gripen, Elbit Systems for UAVs and Solvay to explore aerospace-grade carbon fibre in India. Adani and Saab are actively working on setting up the R&D centre for Gripen technologies in India, and to manufacture composites for civil aerospace in the country. Adani and Elbit are setting up carbon composites aero-structures manufacturing of the Hermes 900 for export to Israel. Adani has setup technology scouting centres in Tel Aviv, San Francisco, New York and London to ensure it is able to bring ‘best of technologies’ and partners to India. The Group is setting up a defence and aerospace cluster in Mundra, Gujarat where it has a private airstrip
which is functional, hangar and plug-and-play infrastructure with excellent connectivity to port, railway and highways. The social ecosystem in Mundra supports more than 5000 families employed across Ports, Power, Agri, Solar manufacturing operations.