Key Points
Adani Defence & Aerospace, along with Tata, Bharat Forge, L&T, and 800 MSMEs, aims to build a competitive business in the defence sector..
The foot soldier will be complemented by unmanned, aerial systems, unmanned ground systems, unmanned naval systems.ET.
Jeet Adani, Director, & Ashish Rajvanshi, CEO, Adani Defence & Aerospace in conversation with ET Now.. Rajvanshi says: Over the next 10 years, defence will be a $250-$300 billion opportunity. There are less than four tier 1 players in the market..
We saw that with our strengths in terms of executing projects and creating large scale infrastructure that this was an area where we could serve a strategic interest for the nation as well as create something that can be extremely competitive from a business perspective...
The areas that we have identified are where we thought that we will have a competitive advantage and it is something that is unsolved today.. Over what period of time do you see defence as a proportion become quite meaningful in your overall business?.
