Adani merges two Group Companies to expand MRO Business

Key Highlights

• Air Works has a strong presence in India, particularly in the line and base maintenance categories.
• The acquisition of Airworks was followed by the purchase of Indamer Technics through Adani Defense Systems and Technologies Ltd (ADSTL), which strengthened the Adani Group’s capabilities in commercial and defence aircraft maintenance.
• ADSTL, in partnership with Prime Aero Services LLP, acquired a 100% stake in Indamer Technics, creating the foundation for a consolidated MRO platform.
• As part of its MRO business expansion plans, the Adani Group has indicated that it will go beyond airframe maintenance and enter landing gear overhaul, aircraft painting, passenger-to-freighter (P2F) conversions and eventually engine maintenance as well.
• There are also plans to expand its physical footprint, with new local MRO bases planned in Ahmedabad, Bhubaneswar and Guwahati, in addition to existing MRO facilities.