Adani spreads wings in aviation, to acquire leading MRO Air Works – Newz9

NEW DELHI: The Adani Group, that operates airports in seven cities together with Mumbai and is constructing a greenfield one at Navi Mumbai, is increasing its presence in the aviation area. It is buying India’s largest personal sector MRI (upkeep, restore & overhaul) participant Air Works for an enterprise worth of Rs 400 crore.
Adani Defense Systems & Technologies Ltd (ADSTL) has signed a SPA to acquire 85.8% shareholding in Air Works, which does line upkeep, heavy checks, inside refurbishment, portray, redelivery checks, avionics and asset administration providers for its Indian and international clients.
Air Works does base upkeep for narrowbody, turboprop and rotary plane at its amenities in Hosur, Mumbai and Kochi and has regulatory approvals from civil aviation authorities of over 20 international locations. It additionally handles protection MRO,
Adani Airports director Jeet Adani mentioned: “The Indian aviation The industry stands at a transformative juncture, now the third largest globally and on track to induct over 1,500 aircraft in the coming years. This growth aligns seamlessly with Govt’s vision to connect every corner of our nation, creating unprecedented opportunities in aviation services. For us, creating a presence in the MRO sector is more than just a strategic step — it’s a commitment to building an integrated aviation services ecosystem that strengthens the backbone of India’s aviation infrastructure. Together, we are excited to play a pivotal role in shaping the future of India’s skies,” mentioned
Adani Defense & Aerospace CEO Ashish Rajvanshi mentioned: “This acquisition represents a pivotal step in Adani Defense & Aerospace’s mission to strengthen India’s MRO capabilities. Our vision is to deliver a full-spectrum MRO offering — spanning line, base, component, and engine maintenance — to meet the needs of both commercial and defense aviation sectors. In a time when

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in defense is a national imperative, we stand fully committed to scaling domestic capabilities to serve both our armed forces and the broader aviation sector.”