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Adani Group collaborates with Punj Lloyd and Rave Gears (USA)

Capital Market 

For design and of high precision gears in for & Defence'

Punj Lloyd, (USA) and announced an intention to collaborate for the design, manufacture and assembly of high precision gears and for rotary platforms at DefExpo 2018.

The collaboration intends to manufacture gears and assemblies mainly for rotary platforms, currently under production in for HAL, and for future programs like the Naval Utility Helicopters and Naval Multi Role Helicopters. The collaboration will use the base in for exports to global OEMs, both in the military and civil domain.

The three companies aim at increasing self-reliance at the Tier-I level, which will be critical for system integration of platforms in India. The collaboration furthers the indigenisation agenda under program and will bring state of the to the country.

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First Published: Thu, April 12 2018. 13:45 IST