Adani Enterprises Ltd.

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Adani Enterprises’ arm enters into definitive agreements to acquire 50% stake in General Aeronautics

Date: 30-05-2022

Adani Enterprises’ subsidiary -- Adani Defence & Aerospace has entered into definitive agreements for acquiring 50% equity stake in agricultural drone startup General Aeronautics. Bengaluru-based General Aeronautics specialises in developing robotic drones to offer tech-enabled crop protection services, crop health monitoring, precision farming and yield monitoring services using artificial intelligence and data analytics.

The partnership between General Aeronautics and Adani Defence & Aerospace fuses military and civilian objectives by integrating Adani Group's military UAV capabilities with the capabilities of General Aeronautics thereby providing company with a platform with far reaching possibilities.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal min ing, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.