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Adani Enterprises subsidiary picks 50% stake in General Aeronautics

Made for an undisclosed amount, the acquisition will help Adani leverage its own military drone as well as AI and ML capabilities for extending work into domestic farm sector

Adani group, adani enterprises
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Vinay Umarji Ahmedabad
Deepening its presence in the defence and aeronautics sector, Adani Defence Systems and Technologies Limited, the wholly owned subsidiary of Adani Enterprises Limited (AEL) on Friday announced 50 per cent stake acquisition in Bengaluru-based commercial drone player General Aeronautics Private Limited.

Made for an undisclosed amount, the 50 per cent stake acquisition will help Adani Defence Systems and Technologies to leverage its own military drone as well as artificial intelligence (AI) and machine learning (ML) capabilities for extending work into the domestic agricultural sector.

An end-to-end agriculture platform solution provider, General Aeronautics provides robotic drones and drone based solutions for

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First Published: May 27 2022 | 6:06 PM IST

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