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Tuesday, June 21, 2022

Drones will now be manufactured in Adani's company, deal with this startup

 
Drones will now be manufactured in Adani's company, deal with this startup

Drones will now be manufactured in Adani's company, deal with this startup


Adani Group's Adani Defense Systems & Technologies recently invested in a Bengaluru-based startup that makes commercial drones to acquire 50% stake in General Aeronautics.

Adani Defense CEO Ashish Rajvanshi informed in a BSE filing that this acquisition will help the company increase its military UAV capability. This deal can be completed by 31 July 2022.