Adani: An Integrated Infrastructure Powerhouse
If we begin the Adani story from today’s strategic-defence opportunity , rather than from 1988, the growth story becomes more interesting: Adani has repeatedly moved from a relatively narrow business into the infrastructure surrounding that business , and then integrated the chain. Adani: From Commodity Trader to an Integrated Infrastructure Powerhouse A striking starting point is the August 2026 approval by the Ministry of Defence for transfer of DRDO-developed technology for all conventional missile systems to Indian defence industry . The move is intended to take indigenous missile systems from development into industrial production and increase domestic value addition. This is particularly relevant to Adani because Adani Defence & Aerospace is already building a large missile and ammunition manufacturing ecosystem . In July 2026, it broke ground on a ₹2,500-crore integrated missile ecosystem in Shivpuri, Madhya Pradesh, intended to support serial production of indigenous missil...