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Ashish Chopade takes charge of strategic sourcing at Adani Defence
AHMEDABAD: Adani Defence and Aerospace has added fresh firepower to its leadership ranks with the appointment of Ashish Chopade as head of strategic sourcing. In his new role, Chopade will oversee strategic sourcing initiatives, expand supplier discovery across diverse capabilities, and streamline the entire procure-to-pay process.
The mandate is clear and ambitious. Chopade is expected to strengthen the supplier ecosystem, unlock cost efficiencies and support Ebitda improvement, all while helping scale one of the Adani Group’s most strategically significant businesses.
Chopade joins Adani Defence after a successful stint at the Motherson Group, where he served as general manager and led sourcing solutions and multi-capability supplier discovery. Known for blending operational rigour with strategic thinking, he played a key role in driving value across complex supply chains.
Before that, he spent nearly two decades at Hero MotoCorp, rising through the ranks from associate manager to deputy general manager. His journey there covered everything from margin transformation programmes and proprietary parts buying to leading strategic sourcing and indirect purchase categories.
From junior engineer beginnings in Nagpur to shaping sourcing strategies for some of India’s largest manufacturing organisations, Chopade’s career has been built piece by piece, much like the supply chains he now optimises.
At Adani Defence and Aerospace, his task will be to ensure that the right partners, at the right cost, arrive at the right time, a behind-the-scenes role that quietly powers growth, resilience and long-term competitiveness.
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Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
