Aerospace to Get Prime Focus in Adani Group’s Defence Foray
Co has plans to make UAVs and fighter jets and to set up MRO units
Bengaluru: The Adani group’s foray into India’s military-industrial complex will concentrate primarily on aeronautics and the group is drawing up a plan to set up facilities for the manufacture of jet fighters and unmanned aerial vehicles (UAV) besides setting up a maintenance, repair and overhaul (MRO) hub for aircraft at its 200-acre land bank in Mundra, a top executive handling the new foray of the Ahmedabad based company told ET.
“We have spent the last 12 months conceptualising and have decided to concentrate on one sector – aerospace. We want to create a tangible presence here. We want to set up a complete hub spread over 200 acres and an airbase that can be used for all types of aircraft,” the executive said.
Sharing details of its defence venture — the first public announcement was made in March last year in Goa — Adani officials said the plan was to gain expertise in only the aeronautical sector of the defence market in the initial years rather than spreading itself thin targeting areas like land systems and warship production. The group’s defence venture is centred on a planned aviation hub at Mundra, spread around the existing air strip qualified as an alternate landing site for military aircraft operating in the region. It has also made its debut at India’s premier air show, AeroIndia with its joint venture company Adani-Elbit Advanced Systems India Limited. A master plan of the aviation hub shows a 100-acre area earmarked to set up a fighter jet production line and 50 acres each for a UAV line and a MRO facility.
“The plans are being worked but we would be creating a unique facility that could be leased out to any company that wishes to set up a fighter jet line. This could be an Indian company and its foreign partner. They would have a complete ecosystem available for the project,” the executive said.
India is in the process of identifying a foreign partner for a multi-billion dollar project to manufacture a new line of single engine fighter aircraft.
In the initial years, co plans to restrict its defence foray to aviation and avoid land systems and warships