Adani Enterprises acquires defence electronics firm Alpha Design for $55.6m

Adani Enterprises acquires defence electronics firm Alpha Design for $55.6m

Adani group chairman Gautam S. Adani. Photographer: Tomohiro Ohsumi/Bloomberg

Indian conglomerate Adani Enterprises Ltd has acquired Bengaluru-based defence electronics and avionics firm Alpha Design Technologies Pvt. Ltd for Rs 400 crore ($55.6 million).

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