Infrastructure player Adani Group on Wednesday said it will collaborate with Punj Lloyd and Rave Gears, US for design, manufacture and assembly of high precision gears and transmission systems for rotary platforms.
In a statement, the group said the collaboration intends to manufacture gears and gear assemblies mainly for rotary platforms, currently under production in India for Hindustan Aeronautics Ltd (HAL) as well as for future programmes like naval helicopters.
"The collaboration is another step in Adani Group's vision of creating a vibrant defence manufacturing ecosystem by bringing world-class capabilities to the country. It will help establish new production lines in India, generate employment and build sustainable skills," Ashish Rajvanshi, Head of Adani Defence and Aerospace was quoted as saying in the statement.
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