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

The Economic Times - - Companies: Pursuit Of Profit - Manu.Pubby@ times­group.com

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

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