Solar's $1.3 bn bet is a turn for India's defence-industrial complex
- Posted on September 15, 2026
- By Business News Today
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- 1 min read
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Solar's $1.3 bn bet is a turn for India's defence-industrial complex
The piece argues that Solar Industries ₹12,951-crore acquisition of South Africas Omnia Holdings could mark a new phase for Indias defence industry, as Indian companies increasingly move beyond domestic production into overseas acquisitions, manufacturing and technology partnerships.