Gautam Adani wants a big role in the defence sector

Relying on a string of acquisitions and a liberalized equipment procurement policy, his Adani group could emerge as a key player in defence contracts.

The Adani group’s fortunes in the defence and aerospace industry could be turning for the better. Over the past two years, the Gautam Adani-led group’s defence arm has made considerable headway in bagging contracts, rivalling well-known private players. 

Compared to Larsen & Toubro, the Mahindra Group, Tata Advanced Systems, Ashok Leyland and Bharat Forge, Adani Defence Systems and Technologies is fairly young. The wholly-owned subsidiary of Adani Enterprises, founded in 2015, has had little to show for the seven years of its existence. That may be changing now, thanks to a slew of acquisitions, partnerships and contracts. 

Adani Defence’s order …


Advait Palepu

Advait is a financial journalist and a former writer at The Morning Context. Here, he wrote on India’s banks, the wider financial services industry and the fintech ecosystem. He has previously worked with the Economic and Political Weekly, Business Standard, BloombergQuint and MediaNama, where he covered everything from the Reserve Bank of India to fintech policy.