Adani Group acquires Air Works : The Adani Group has taken a significant step in enhancing India’s aviation infrastructure by acquiring Air Works they Acquire country’s largest private aviation Maintenance, Repair, and Overhaul (MRO) services provider deal price will be ₹400 crore.
Key Highlights Adani Group acquires Air Works :
- Acquisition Details:
- This deal Executed through the Adani Defence Systems & Technologies (ADSTL).
- that Includes the stake side of 85% in Air Works.
- Air Works Expertise:
- currently Air Works Operates in about 35 cities with over 1,300 professionals.
- They are Specializes in services for fixed-wing as well as rotary-wing aircraft, including:
- Line maintenance and heavy checks.
- Avionics, aircraft painting, and interior refurbishment.
- Redelivery checks for narrow-body, turboprop, and rotary aircraft.
- Global & Defense MRO Leadership:
- They have Regulatory approvals from aviation authorities in 20+ countries.
- Defense capabilities include servicing the Indian Navy’s P-8I fleet and the Indian Air Force’s 737 VVIP aircraft.
Strategic Impact of Adani Group acquires Air Works:
This acquisition reinforces Adani Defence & Aerospace’s vision of delivering integrated civil and defense aviation services by this deal expanding Adani Defence & Aerospace footprint in the aviation sector.
Adani’s collaboration with Air Works brings together robust expertise to boost India’s self-reliance in the aviation industry, aligning with national initiatives like Make in India and Aatmanirbhar Bharat.
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