New Delhi: Adani Group Chairman Gautam Adani on Tuesday praised the role of his company’s drones and anti-drone systems in the Indian Armed Forces’ Operation Sindoor, a precision counter-terrorism strike launched in retaliation for the Pahalgam terror attack.
Addressing shareholders at the conglomerate’s annual general meeting, Adani described his defense technologies as pivotal in the operation.
“Operation Sindoor called, and we delivered,” he said, emphasising the deployment of Adani Defence’s loitering munitions for targeted strikes and counter-drone systems for shielding assets from retaliatory threats.
“Our drones served as the eyes in the skies and the swords of attack, while our anti-drone systems safeguarded Indian forces and citizens,” he noted.
Developed in collaboration with Alpha Design Technologies (partly owned by Adani Defence) and Israel’s Elbit Systems, the SkyStriker loitering munitions—commonly known as kamikaze drones—carry 5-10 kg warheads, operate silently at low altitudes, and hit targets up to 100 km away with precision.
Adani began his address by saluting India’s soldiers, stating, “Our brave men and women in uniform stood tall during Operation Sindoor, not for recognition but for duty. Their courage reminds us that peace is never free—it is earned.”
Reflecting on India’s response to external threats, he added, “India values peace but will respond in kind to any threats against it. Operation Sindoor is a testament to this resolve.”
Adani also highlighted the rapid changes in global dynamics over the past year, including geopolitical instability, economic challenges, and shifting alliances.
Despite these pressures, he said, India stood out as a beacon of growth, achieving faster progress than any other major economy.
“This is no coincidence but the outcome of visionary governance, effective policymaking, and bold national intent,” Adani asserted, praising the Indian government’s efforts to drive historic transformations.
In a year of challenges, including scrutiny from U.S. regulatory bodies, Adani reaffirmed the Group’s commitment to global governance standards, stating, “Truth may speak softly, but it carries undeniable weight.”
Financially, the Group delivered robust results, with revenues reaching Rs. 2.71 lakh crore and adjusted EBITDA at Rs. 89,806 crore.
The company maintained a healthy net debt-to-EBITDA ratio of 2.6x while planning a record capital expenditure of USD 15-20 billion annually over the next five years.
“Our story is one of resilience and ambition,” Adani concluded. “We dream beyond constraints, powered by a nation that inspires limitless possibilities.”
