Adani-EDGE sign landmark defence cooperation agreement: Abu Dhabi, UAE / Ahmedabad, India – In a move that promises to reshape the landscape of defense technology, India’s Adani Group and UAE’s EDGE Group signed a landmark cooperation agreement on June 11, 2024. This collaboration marks a significant step forward for both companies and the defense industries of India and the UAE.
The Cooperation Agreement
The agreement between EDGE and Adani Defence & Aerospace signifies a strategic partnership aimed at co-developing and manufacturing advanced defense technologies.
This collaboration will leverage the strengths of both companies, combining Adani’s growing defense capabilities with EDGE’s established expertise. The joint venture will focus on various areas including missiles, weapons systems, unmanned aerial vehicles (UAVs), and electronic warfare technologies.
The agreement also paves the way for the establishment of joint research and development facilities in both India and the UAE. This will foster innovation and accelerate the development of next-generation defense solutions. Additionally, the partnership will explore setting up production and maintenance facilities, not just to cater to the domestic needs of India and the UAE, but also to target the Southeast Asian and global defense markets.
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This landmark agreement is expected to usher in a new era of collaboration between India and the UAE’s defense industries. It represents a significant commitment by both Adani and EDGE to develop cutting-edge defense technologies and strengthen their respective positions in the global market.
Adani-EDGE defence deal signed in Ahmedabad India.
Hamad Al Marar, Managing Director and Chief Executive Officer, EDGE Group, said: “The agreement with Adani Defence & Aerospace, represents a significant milestone, strengthening our ties within India’s defence industry, and underscoring our mutual commitment to advancing UAE-India military ties.
He said the agreement reflected EDGE’s dedication to bringing its customers the most advanced and sophisticated products to the market, while taking advantage of the global export potential including critical UAE-grown technology.
“We are keen to setup the joint platform between Adani Defence and EDGE to pioneer new technologies and set new standards in advanced military equipment and defence sector,” said Hamad Al Marar.
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Ashish Rajvanshi, Chief Executive Officer, Adani Defence & Aerospace the collaboration marks the beginning of a new era in enhancing defence capabilities, emphasizing the company’s commitment to advance technological prowess and promoting bilateral defence cooperation between India and the UAE.
“It is a reflection of our shared vision to fortify our nation’s capabilities by not just delivering cutting-edge solutions for the two countries but also setting new benchmarks in the global defence landscape,” he said.
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Adani-EDGE defence deal signed in Ahmedabad India.
EDGE Group
EDGE Group is a Dubai-based, leading advanced technology and defense group in the United Arab Emirates. Established in 2019, EDGE quickly rose to prominence through the consolidation of over 25 existing defense and technology entities under a single banner.
The group encompasses a diverse portfolio across various sectors including defense and security, cyber technologies, electronic warfare, and advanced materials. EDGE is known for its innovation and development of cutting-edge solutions, catering to the needs of armed forces around the world.
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Adani Defence & Aerospace
Adani Defence & Aerospace is the defense and aerospace arm of the Adani Group, one of India’s leading conglomerates. The company aims to play a pivotal role in strengthening India’s self-reliance in the defense sector. Adani Defence & Aerospace focuses on areas like unmanned aerial systems, ammunition, missiles, and electronic warfare systems.
With this agreement, the company gains access to EDGE’s expertise and technology, propelling them to become a major player in the global defense market.
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