Adani Defense Systems & Technologies Limited (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works, India’s largest private sector MRO company. It has the largest pan-India presence. Air Works offers its Indian and global customers a complete bouquet of aviation services spanning line maintenance, heavy checks, internal renewals, painting, redistribution checks, avionics as well as asset management services.
Know about MRO
According to the news, the company carries out base maintenance for narrow-body and turboprop aircraft as well as rotary aircraft from its facilities in Hosur, Mumbai and Kochi and holds regulatory approvals from civil aviation authorities of more than 20 countries. Operational in 35 cities and with a workforce of over 1,300 personnel, Air Works brings extensive expertise in servicing both fixed-wing and rotary-wing aircraft. This acquisition will enhance Adani’s capabilities in the defense MRO sector and strengthen its position in India’s air defense ecosystem.
company opinion
Jeet Adani, Director, Adani Airports, said the Indian aviation industry is at an inflection point, now the third largest globally and on track to induct over 1,500 aircraft in the coming years. This growth aligns seamlessly with the government’s vision of connecting every corner of our country, creating unprecedented opportunities in aviation services. For us, building a presence in the MRO sector is more than just a strategic move – it is a commitment to create an integrated aviation services ecosystem that strengthens the backbone of India’s aviation infrastructure.
Our pledge to the nation
Ashish Rajvanshi, CEO, Adani Defense & Aerospace, said this historic acquisition represents an important step in Adani Defense & Aerospace’s mission to strengthen India’s MRO capabilities. Our vision is to provide a full-spectrum MRO offering – line, base, component and engine maintenance – to meet the needs of both the commercial and defense aviation sectors. At a time when self-reliance in the defense sector is a national imperative, we are fully committed to enhancing domestic capabilities to serve both our armed forces and the broader aviation sector. This is our pledge to the nation – to build capabilities that keep our skies safe and strengthen our sovereignty.
Latest Business News
