Archive · 2 Aug 2025

Bajaj Indef Acquires Daedalus, Boosting 'Make in India' Initiative

Bajaj Indef Acquires Daedalus, Boosting 'Make in India' Initiative

Imagine a company called Bajaj Indef that makes things to help lift and move heavy objects.

They bought a big part of another company called Daedalus, which makes machines that help people work at heights, like lifts.

Daedalus was started by some friends who wanted to make these machines in India.

Bajaj Indef wants to grow bigger and make more money, and this purchase helps them do that by offering more products and better service.

It's like two companies are teaming up to make even cooler and more helpful stuff for people to use!

Sources