Skip to content
Mumbai · Saturday, 12 September 2026

National Revealed

The Truth can never be hidden

Business

Adani emerges key Russia defence partner in India

By Sohail Khan 11 September 2026, 11:51 pm

Benchmarks
Nifty23,398.10-79.71

FEATURED FUNDS★★★★★

Motilal Oswal Midcap Fund Direct-Growth

5Y Return
21.93 %

Invest Now

Enter search text:

Business News›News›Defence›Adani emerges key Russia defence partner in India; HAL, BDL on board

    Read Today's Paper

    Adani emerges key Russia defence partner in India; HAL, BDL on board
    Synopsis

    Adani Defence is partnering with Russian manufacturers for advanced air defence systems. This collaboration focuses on co-production of weapons like the Pantsir in India. Contracts for Igla-S and Verba missiles are already in progress. Russia is also deepening ties with state-run firms like HAL and BDL. However, some Russian defence proposals have not gained traction with Indian forces.

    Adani Emerges Key Russia Defence Partner in India; HAL, BDL on Board

    Adani bags six contracts for supplying Russian Igla-S missiles to Army, Navy & IAF in two years

    Adani is in talks with Russian manufacturers for collaboration on more advanced air defence weapons like the Pantsir for co-production in India



    New Delhi: Russia is partnering with private sector firm Adani Defence & Aerospace for major defence deals in India, while deepening collaboration with state-run manufacturers such as Hindustan Aeronautics Ltd (HAL) and Bharat Dynamics Ltd (BDL). Several contracts have been signed in the past two years, while some are in advanced stages of procurement. The focus is on technology transfer and co-production, in line with India's defence acquisition rules.



    Adani Defence, which currently has partnerships with Israeli drone and small arms manufacturers, is entering the air defence domain through alliances with Russian companies. Air defence has emerged as a major modernisation requirement of the Indian military in the light of the ongoing global conflicts and the growing use of drones. HAL is working closely with Russian partners for an upcoming upgradation programme of the Indian Air Force's fleet of Su-30MKI fighter jets. While the majority of the work will be handled by HAL, Russian firms will provide technical consultancy.



    Adani Emerges Key Russia Defence Partner in India; HAL, BDL on BoardET Bureau

    Adani is also in the final stages of a larger, ₹1,800 crore contract for a more advanced version of the shoulder-fired missile, the 9K333 Verba. Adani Defence was nominated for the deal last month, with the procurement being processed as a single vendor contract and exemption from competitive bidding. The plan is to manufacture the missiles in India, given large upcoming requirements of the armed forces running into several thousands.



    Adani is in talks with Russian manufacturers for collaboration on more advanced air defence weapons like the Pantsir for co-production in India. The company last week inked a long-term deal for supply of ammunition to Indo-Russia Rifles Pvt Ltd besides manufacturing parts for AK-203 rifles.



    Also Read: HAL partners with Adani Defence, BEML to make Prachand Combat Helicopter fuselages



    Two major Russian proposals however failed to garner much favour among the Indian armed forces. The first is for the sale and co-production of the Su-57 fighter jet, touted as fifth- generation by Moscow. The IAF has continued to reiterate its firm commitment to the acquisition of Rafale fighter jets, followed by the indigenous Advanced Multi Role Combat Aircraft.



    Another proposal still to find takers is the sale of three refurbished EKM class diesel-electric submarines to replace the Kilo class boats that are slowly being phased out by the Navy. Russia's proposal is to refurbish three existing hulls to the latest standards, but doubts exist on its actual ability to deliver, given the ongoing war with Ukraine and its strain on its own defence industry.



    The Indian Navy is still awaiting from Russia a Chakra-class nuclear attack submarine, the deal for which was signed in 2019, and was due for delivery in 2025.

    Add ET Logo as a Reliable and Trusted News Source
    Google Logo Add Now!


    (You can now subscribe to our WhatsApp channel)


    (You can now subscribe to our WhatsApp channel)


    Read More News on
    Adani DefenceRussia Defence PartnerHAL IndiaBDL IndiaPantsir air defenceair defence technology transferIndia military procurementAdani Defence & Aerospace

    The The
    Enter search text:

    Continue reading with one of these options:
    Limited Access
    Free
    Login to get access to some exclusive stories

    & personalised newsletters
    Login Now

    Unlimited Access
    Starting @ Rs120/month
    Get access to exclusive stories, expert opinions &

    in-depth stock reports
    Subscribe Now

    ET

    Unlock Access to All Exclusives with ETPrime FREE TRIAL

    15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers

    Trial offer expiring in00 : 05 : 00

    I'd rather pay ₹2599 now

    Uh-oh! This is an exclusive story available for selected readers only.

    Worry not. You’re just a step away.

    Prime Account Detected!

    It seems like you're already an ETPrime member with

    Login using your ET Prime credentials to enjoy all member benefits

    Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

    Unlock ETPrime's Exclusive Stories Today!

    Subscribe to gain powerful insights on business, stock market and industry trends.

    Big Price Drop! Flat 40% Off

    Student Only Offer

    Already a Member? Sign In now

    Already a Member? Sign In now
    Already a Member? Sign In now

    Offer Exclusively For You

    Save up to Rs. 700/-

    ON ET PRIME MEMBERSHIP

    Avail Offer

    Offer Exclusively For You

    Get 1 Year Free

    With 1 and 2-Year ET prime membership

    Avail Offer

    Offer Exclusively For You

    Get 1 Year Free

    With 1 and 2-Year ET prime membership

    Avail Offer

    Offer Exclusively For You

    Get Flat 40% Off

    Then ₹ 1749 for 1 year

    Avail Offer

    Offer Exclusively For You

    ET Prime at ₹ 49 for 1 month

    Then ₹ 1749 for 1 year

    Avail Offer

    Special Offer

    Get flat 40% off on ETPrime

    Avail Offer
    Avail Offer

    Claim NowAlready a Member? Sign In now

    Need Assistance?

    Connect with an ETPrime expert for personalized support and guidance

    +91 9484700004

    ' + h3 + '

    ' + h4 + '

      ' + listing + '

    What’s Included with

    PrimeETPrime Membership

    1Exclusive Insights That Matter

    Uncover the truth with our investigative stories

    Make strategic moves using the real-world case studies

    Read industry-specific stories to identify emerging trends

    Spot opportunities with
in-depth insights that matter

    • Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

      Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

      What Adani’s US indictment means for India Inc’s overseas fundraising

      What Adani’s US indictment means for India Inc’s overseas fundraising

    • Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.

      Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.

      Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?

      Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?

    • Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?

      Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?

      The problem with lab grown diamonds

      The problem with lab grown diamonds

    • Why a falling rupee is a better option for the economy

      Why a falling rupee is a better option for the economy

      A list of top 20 momentum stocks that have delivered massive returns in one year

      A list of top 20 momentum stocks that have delivered massive returns in one year

      2Invest Wisely With Smart Market Tools & Investment Ideas

      Alpha Trade

      Alpha Trade

      Get daily trade ideas from SEBI-registered research analysts.

      Investment Ideas

      Investment Ideas

      Grow your wealth with stock ideas & sectoral trends.

      Stock Reports Plus

      Stock Reports Plus

      All-in-one stock research with Stock Score, peer comparison & key signals.

      BigBull Portfolio

      BigBull Portfolio

      Get to know where the market bulls are investing to identify the right stocks.

      Stock Analyzer

      Stock Analyzer

      Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.

      Market Mood

      Market Mood

      Analyze the market sentiments & identify the trend reversal for strategic decisions.

      Stock Talk Live at 9 AM Daily

      Stock Talk Live at 9 AM Daily

      Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.

      3Stay informed anytime, anywhere with ET ePaper

      ePaper – Print View

      ePaper - Print View

      Read the PDF version of ET newspaper. Download & access it offline anytime.

      ePaper – Digital View

      ePaper - Digital View

      Read your daily newspaper in Digital View & get it delivered to your inbox everyday.

      Wealth Edition

      Wealth Edition

      Manage your money efficiently with this weekly money management guide.

      4Times Of India Subscription (1 Year)

      ePaper

      Read the PDF version of  newspaper. Download & access it offline anytime.

      Read the PDF version of newspaper. Download & access it offline anytime.

      Deep Explainers

      Explore the In-depth explanation of complex topics for everyday life decisions.

      Explore the In-depth explanation of complex topics for everyday life decisions.

      Health+ Stories

      Get fitter with daily health insights committed to your well-being.

      Get fitter with daily health insights committed to your well-being.

      Personal Finance+ Stories

      Manage your wealth better with in-depth insights & updates on finance.

      Manage your wealth better with in-depth insights & updates on finance.

      New York Times Exclusives

      Stay globally informed  with exclusive story from New York Times.

      Stay globally informed with exclusive story from New York Times.

      5Enjoy Complimentary Subscriptions From Top Brands

      Docubay Subscription

      Docubay Subscription

      Stream new documentaries from all across the world every day.

      Stories you might be interested in

        Leave a Reply

        Your email address will not be published. Required fields are marked *