Adani Defence Systems and Technologies Limited (ADSTL) and its partner Prime Aero have finalised a binding deal to take complete ownership of Indamer Technics Private Limited (ITPL), a major player in India’s private Maintenance, Repair and Overhaul (MRO) sector.
Horizon Aero Solutions Limited, a joint venture equally owned by ADSTL and Prime Aero, executed the transaction.
Prime Aero is led by Prajay Patel, who also serves as the director of Indamer Technics.
Based within Nagpur’s MIHAN Special Economic Zone, ITPL operates a purpose-built, state-of-the-art facility on a 30-acre site.
The complex features 10 hangars capable of accommodating up to 15 aircraft bays.
“The Indian aviation industry has witnessed an unprecedented transformation, becoming the third largest in terms of passenger traffic. With the Indian carriers set to induct more than 1,500 aircraft in the coming years, we are on the cusp of a new era in aviation,” stated Jeet Adani, Director of Adani Airports.
He further asserted, “This acquisition is the next step in our push to establish India as a premier global MRO destination. It also reinforces our commitment to building an integrated aviation services ecosystem that strengthens India’s aviation infrastructure.”
International Certifications and Service Portfolio
ITPL holds approvals from the Directorate General of Civil Aviation (DGCA), the US Federal Aviation Administration (FAA), and other international aviation authorities.
Its services include heavy C-checks, lease return inspections, structural repairs, and aircraft painting, catering to both domestic and international operators.
“Our goal is to create a single-point aviation services platform driven by world-class quality standards and customer satisfaction. As we have stated before, we are determined to play a pivotal role in shaping the future of India’s skies,” noted Jeet Adani.
Ashish Rajvanshi, CEO of Adani Defence and Aerospace, remarked, “This acquisition marks another critical milestone in fulfilling Adani Defence & Aerospace’s vision to deliver a full-spectrum MRO offering to meet the needs of both commercial and defence aviation sectors.”
“Following the addition of Air Works to our portfolio, this acquisition further strengthens our capabilities and footprint in the MRO segment and reinforces our position as the largest private-sector MRO player in the country. The strategic location of Nagpur, at the centre of the country, adds immense value to our operations by bolstering our pan-India footprint and providing us substantial capacity to scale up our business,” he added.
Adani Defence and Aerospace, part of the Adani Group, specialises in advanced defence manufacturing and has fostered a network of startups and MSMEs focused on exports, cutting-edge processes, and rigorous quality systems.
“We are excited to partner with Adani Defence & Aerospace to take Indamer Technics to new heights. This collaboration brings together deep-rooted engineering excellence with robust infrastructure and growth capital,” said Prajay Patel, Director of Indamer Technics and Prime Aero.
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