Adani Defence & Aerospace announced its acquisition of Air Works, India’s largest private maintenance, repair, and overhaul (MRO) company, for an enterprise value of ₹400 crore. Adani Defence Systems & Technologies Ltd (ADSTL) has signed an agreement to purchase an 85.8% stake in Air Works India (Engineering) Pvt Ltd, according to a company statement.
Air Works specializes in base maintenance for narrow-body, turboprop, and rotary aircraft. Its facilities in Hosur, Mumbai, and Kochi have approvals from over 20 civil aviation authorities worldwide.
This acquisition bolsters the Adani Group’s capabilities in defence MRO, enhancing its role in India’s airborne defence ecosystem. Air Works has worked on major defence projects for the Indian Navy and Air Force. It operates in 35 cities and employs over 1,300 personnel.
Air Works provides a comprehensive range of aviation services, including line maintenance, heavy checks, interior refurbishment, avionics, and asset management for Indian and global clients. Jeet Adani, Director of Adani Airports, stated that this aligns with India’s vision to expand aviation connectivity.
Adani Defence & Aerospace CEO Ashish Rajvanshi highlighted the acquisition as pivotal for scaling India’s domestic MRO capabilities. He emphasized Adani’s vision to offer full-spectrum MRO services for both commercial and defence sectors.
Adani Defence & Aerospace continues to pioneer in the design and manufacturing of advanced defence products. With this acquisition, the company strengthens its contribution to India’s aviation infrastructure and its commitment to self-reliance in defence.
Also Read: Delhi HC Allows ED To Serve Plea Electronically In 2021-22 Excise Policy Money Laundering Case
The Lok Sabha will take up the Waqf (Amendment) Bill for discussion on April 2,…
India's Goods and Services Tax (GST) collections rose by 9.9 per cent to Rs 1.96…
Drinking coconut water daily for a month can significantly improve hydration, digestion, and overall health.
The METAPLASIA 2025 Sports Fest at the New Chandigarh campus witnessed thrilling competitions in cricket,…
Indian Railways achieved record freight and revenue in 2025, surpassing the US in cargo transport…
German traveler Alex Welder praised the metro systems in Delhi and Agra, calling them 'better…