UM
Udayant Malhoutra
Chairman, ADHIAD
CEO & Managing Director
Dynamatic Technologies Limited
About Us
The Aerospace Defence Hitech Industries Association of Devanahalli® (ADHIAD®) established in 2024, serves as a key collaborative forum, uniting all businesses within Bangalore's prestigious KIADB Hi-Tech, Defence & Aerospace Park in Devanahalli.
As an association of proud member companies, we leverage our strategically located, 2980-acre industrial area situated adjoining the Kempegowda International Airport, making it incredibly convenient for national and international operations – just 20 minutes or less from your doorstep to the airport! We boast excellent connectivity, being approximately 9.00 KMs from NH-7 and a mere 31 KMs from Bangalore City.
Our Vision
To foster a vibrant and world-class ecosystem for Aerospace, Defence, and Hi-tech Industries in Bangalore.
Our Mission
ADHIAD's primary mission is to serve as a common platform to provide essential services to its member industries located within this strategic aerospace SEZ. We are dedicated to undertaking the maintenance, upkeep, development, beautification, improvement, and addition of amenities and infrastructure facilities across the entire Hitech Defence and Aerospace Park, Devanahalli, including its adjoining areas and approach roads. Furthermore, we are committed to the general administration of the Industrial Area as specified by relevant government acts or resolutions.
Why We Exist
ADHIAD was formed to bring together the diverse and innovative companies in the KIADB Aerospace Park to create a unified voice and drive collective progress. By joining ADHIAD, members gain:
Networking Opportunities
Connect with industry leaders, innovators, and professionals within the park and the broader sector.
Collaborative Projects
Participate in groundbreaking projects and initiatives that benefit the entire industrial area.
Industry Insights
Access the latest trends, research, and developments relevant to aerospace, Defence, and hitech sectors.
Advocacy
Be part of a collective voice that advocates for industry interests and policies at various levels.
Professional Development
Enhance skills through workshops, seminars, and training programs tailored for the industry.
We invite all companies established in the KIADB Aerospace Park, Devanahalli, to join ADHIAD and become an integral part of this dynamic association.
Office Bearers
AVM
Apparao V Mallavarapu
President
Chairman & Managing Director
Centum Electronics Limited
CH
CHANDRASHEKAR HG
Vice President
Managing Director
Sasmos HET Technologies Ltd.
KR
KRM REDDY
General Secretary
CEO
Aeroplatina Technologies
AG
Ajay Gururaj
Secretary
Chief Commercial Officer
Dynamatic Technologies Limited
MP
MURALIDHAR P
Joint Secretary
Head of Operations
Newtech Aerospace Private Limited
KK
KISHORE KUMAR S
Treasurer
Managing Director
Starrag India Pvt. Ltd.
Meetings
Session recap
Educational Session on New RBI FEMA Regulations
June 15th, 2026 · Dynamatic Technologies Limited, Bangalore
ICICI Bank, in collaboration with ADHIAD (Aerospace Defence Hitech Industries Association of Devanahalli), hosted an exclusive educational session on June 15th, 2026 at Dynamatic Technologies Limited, Bangalore.
This two-hour session brought together Directors, CFOs, Treasury leads, and Finance Heads to navigate the Foreign Exchange Management Act (FEMA) regulatory changes set to take effect on October 1st, 2026.
Key Takeaways from the Session
The upcoming framework consolidates export and import rules into a single, digitally driven ecosystem. Experts walked participants through the key differences between current practices and the new implementations.
Unified Reporting
The introduction of a single export declaration form to streamline documentation.
Timeline Adjustments
Updated realization periods for export proceeds and a 30-day rule for service workflows.
Empowered AD Banks
Authorised Dealer (AD) banks will handle write-offs, volume reductions, and entry clearances within mandatory 5-day windows.
System Alignment
Practical steps for finance teams to update internal invoice-to-receipt systems before the October deadline.
Looking Ahead
As these regulatory shifts carry important operational impacts for cross-border transactions, taking action early ensures your business remains fully compliant and ready for the October 1st transition.
Thank you to everyone who attended and contributed to a productive discussion.
From the Session
Contact Us
Registered Address
AEROSPACE DEFENCE HITECH INDUSTRIES ASSOCIATION OF DEVANAHALLI ®
C/o. Dynamatic Technologies Limited, JKM Plaza, 55,
Dynamatic Aerotropolis, KIADB Aerospace Park, Bangalore 562149
Website: www.adhiad.in
Registration No: DRBR/SOR/26/2024-25