Reuters report on October 7, published in The Economic Times, stated that Adani Group's defense company is suspected of evading customs duties when importing missile components, and the Modi government has launched an investigation. It is understood that Adani Defence Systems and Technologies mainly provides equipment such as missiles, drones, and small arms to India's security forces. From 2024 to now, the company has imported approximately $70 million (70 million USD) in defense components from countries such as Russia, Israel, and Canada, with non-explosive missile components and accessories imported from Russia totaling approximately $32 million (32 million USD). In March 2025, the Directorate of Revenue Intelligence (DRI) of India initiated an investigation into the company, accusing it of incorrectly declaring some non-explosive missile components, short-range missiles, and their launch device components as tariff-free items,涉嫌 evading taxes of 770 million rupees (approximately 900 million USD), which exceeds 10% of its total revenue of $76 million (76 million USD) for the fiscal year 2024-25, and accounts for half of its profits for the same fiscal year. In response, the company's executives admitted to the declaration error and cited a new regulation implemented in September 2025, stating that the import of missile components has been exempted from tariffs. However, the investigation pointed out that the relevant regulations had not yet come into effect at the time of the declaration. Currently, the company faces a potential fine of up to $18 million (18 million USD). Adani Group responded by stating that it has submitted relevant clarification materials to the Indian government, and the case "has been closed."
Original: www.toutiao.com/article/1845460963819520/
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