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India’s Adani drops another anchor in Dubai
Indian port operator Adani Ports and Special Economic Zone has set up a new Dubai subsidiary, incorporating AOP Marine and Logistics Services in the emirate, InvestyWise News reports. The move extends Adani’s maritime footprint in the Gulf, building on its 2024 acquisition of an 80% stake in Dubai-based offshore marine services firm Astro Offshore.
Under the hood: AOP Marine is a step-down subsidiary via Sunrise Worldwide Enterprise Limited — 80% owned by Adani Harbour International DMCC — with authorized share capital of AED 50k (50 shares at AED 1k). The entity has yet to commence operations, but its scope covers shipping agency services, ship management, customs brokerage, and logistics, pointing to an end-to-end marine and cargo platform anchored in Dubai.
Airbus to lift India sourcing to USD 2 bn a year by 2030
European aircraft manufacturer Airbus plans to increase its annual procurement from India to USD 2 bn by 2030, across raw materials, a wider range of complex aircraft parts, aerostructures and cabin interiors. The increase in India sourcing is aimed at strengthening the company’s supply chain and supporting aircraft deliveries as global backlogs remain elevated, Hindu Businessline reports.
Indian airlines account for about 1.2k aircraft in Airbus’s global backlog of more than 8.7k, the highest for any single market. Major Gulf carriers such as Emirates, Qatar Airways, Etihad, and Saudia operate Airbus aircraft in the Middle East. This facilitates the connection between India’s growing supplier base and the deliveries to this crucial regional market for Airbus.
Airports Authority of India to invest INR 150 bn in ATC modernization
India’s Airports Authority of India (AAI) plans to invest INR 150 bn (USD 1.8 bn) by 2028 to modernise air traffic control systems, Hindu Businessline reports. The spending is part of AAI’s modernization programme which will prioritize greater automation in air traffic control operations through the deployment of artificial intelligence and other advanced technologies.
