Adani joins Punj Lloyd, Rave Gears to make precision gears for aerospace, defence
Adani Group, a global integrated infrastructure player has collaborated with Punj Lloyd and Rave Gears (USA) for the design, manufacture and assembly of high precision gears and transmission systems for rotary platforms.
The collaboration intends to manufacture gears and gear assemblies mainly for rotary platforms, currently under production in India for HAL, and for future programmes like the Naval Utility Helicopters and Naval Multi-Role Helicopters. The collaboration will use the manufacturing base in India for exports to global OEMs, both in the military and civil aerospace domain.
Ashish Rajvanshi, Head of Adani Defence & Aerospace said, “The collaboration is another step in Adani Group’s vision of creating a vibrant defence manufacturing ecosystem by bringing world-class capabilities to the country. It will help establish new production lines in India, generate employment and build sustainable skills.”
The 3 companies aim at increasing self-reliance at the Tier-1 level, which will be critical for system integration of platforms in India. The collaboration furthers the indigenisation agenda by bringing the state-of-the-art technology to the country. “Punj Lloyd has been at the forefront of building industrial capabilities in defence manufacturing in the country across various domains, from small arms to artillery guns. This collaboration will enable India to achieve indigenisation in one of the most critical components in rotary platforms,” Ashok Wadhawan, President, Manufacturing Business, Punj Llyod, said.
On this new association, Rave CEO, Nick Patel said, “We at Rave are extremely excited at the immense potential that unfolds with this collaboration. It is an opportunity for Rave to do what it is best at; offer technology which led Rave to conquer NASCAR market in 3 years and achieve 70% cost and 68% cycle time reduction to Bell Helicopter among several other achievements.” Rave, which has major aerospace and defence OEMs, US Government and major NASCAR and Formula 1 Teams as its customers, covers drone, aerospace and racing markets. Adani Group is one of India’s largest integrated infrastructure conglomerates with interests in resources (coal mining and trading), logistics (ports, logistics, shipping and rail), energy (renewable and thermal power generation, transmission and distribution), and agro (commodities, edible oil, food products, cold storage and grain silos), real estate, consumer finance and defence. Headquartered in Ahmedabad, the $12-billion group has operations across the world. Adani owes its success and leadership position to its core philosophy of ‘Nation Building’. The Group is committed to protecting the environment and improving communities through its CSR programme based on the principles of sustainability, diversity and shared values. The group owns and operates one of the world’s largest solar power plants in Tamil Nadu. The group is committed to produce 10,000 MW of renewable energy by 2022.