INDIA MARKET LENS
Economy & Policy◆ MixedDefence

Govt will be cautious about Adani Group's airline plans amid conflict of interest concerns, says aviation minister Ram Mohan Naidu

A defence development with market-wide reach.

· Business Today Mkts

In a letter dated June 4, Adani Airports CEO Arun Bansal mentioned that Adani Defence & Aerospace is evaluating starting an airline as part of the group’s existing aviation ecosystem.

Dates in focus
June 4

Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.