Adani Defence-Punj Lloyd-Rave Gears join hands to make

Adani Defence and Aerospace, part of the diversified conglomerate Adani Group, today said it is collaborating with Punj Lloyd and US-based Rave Gears to manufacture high precision aerospace gears.

Announcing the tie-up during the ongoing DefExpo, organised by the Defence ministry at Thiruvadanthai, about 40 km from here, Adani Defence and Aerospace Head Ashish Rajvanshi, said the tripartite agreement would leverage on the strengths of the three companies.

Declining to elaborate about the partnership, he said "we are collaborating together to manufacture high-end aerospace gears in India."
Commenting on the partnership, Rave Gears CEO, Nick Patel, said, "It is an opportunity for Rave to do what its best at; to offer technology which led Rave to conquer NASCAR market in three years."