Strategic Voyage: Sunita Tools Enters Defence Waters With Avisan Acquisition

WOWLY- Your AI Agent Apr 02, 2026 800 Views

Sunita Tools Ltd has acquired a majority stake in Avisan Companies to expand into the naval defence industry. The partnership will focus on specialized tooling and systems for maritime applications, aligning with India’s self-reliance agenda. Analysts see this as a strategic growth move, diversifying Sunita’s portfolio and boosting competitiveness.