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Adani Defence and MTAR Technologies Join Hands for AMCA Stealth Jet Program

Written by: Team Angel OneUpdated on: 13 Oct 2025, 5:55 pm IST
Adani Defence & Aerospace partners with MTAR Technologies to bid for India’s first stealth fighter jet, AMCA, as part of the ₹15,000 crore prototype project.
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Adani Defence & Aerospace has joined hands with Hyderabad-based MTAR Technologies to bid for the contract to design and build the prototype of India’s first stealth fighter jet, the Advanced Medium Combat Aircraft (AMCA), according to the Business Standard reports. The project is valued at around ₹15,000 crore. The consortium has not been officially announced.

AMCA Project Overview

The Aeronautical Development Agency (ADA), which is responsible for the AMCA programme, had floated an expression of interest (EoI) in June to identify Indian companies capable of developing and testing prototypes of the fighter jet. The deadline for submission of proposals was September 30, and 7 applicants are reported to have responded.

Key Participants

Apart from Adani Defence and MTAR, the list of contenders includes Hindustan Aeronautics Limited (HAL), Tata Advanced Systems (TASL), Bharat ForgeLarsen & Toubro (L&T)Axiscades TechnologiesGoodluck India, and BrahMos Aerospace Thiruvananthapuram. These applicants have either applied individually or as part of consortiums formed for the EoI.

Consortium Structures

Bharat Forge has formed a consortium with BEML and Data Patterns, while L&T has tied up with Bharat Electronics Limited (BEL). TASL has submitted its application independently. The next stage, after evaluation of EoI responses, will be a request for quotation (RFQ) to build five prototypes and one structural test specimen.

MTAR Technologies Background

MTAR Technologies manufactures precision-engineered components used in nuclear, defence, and space programmes. Its clients include the Indian Space Research Organisation (ISRO), the Defence Research and Development Organisation (DRDO), and the Nuclear Power Corporation of India. The company has supplied propulsion and electro-pneumatic systems for ISRO’s Chandrayaan-2 and Mangalyaan missions and assemblies for DRDO’s Agni missile series.

Project Timeline

The first flight of the AMCA prototype is expected around 2028 or 2029. Series production is projected to begin by 2035, with the Indian Air Force expected to induct about 126 aircraft across seven squadrons.

Read More: RattanIndia Subsidiary Revolt Motors Launches “Diwali Double Dhamaka” Benefits Worth Nearly ₹1 Lakh!

Conclusion

The Adani-MTAR consortium adds to a list of contenders competing for the AMCA prototype project, which is an important stage in India’s indigenous fighter aircraft development.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Oct 13, 2025, 11:59 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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