Adani Group's Strategic Move into Aviation Maintenance

The Adani Group, known for its extensive airport operations in India, is further cementing its presence in the aviation sector with the acquisition of Air Works, India's largest private sector MRO (maintenance, repair & overhaul) provider. The deal, valued at Rs 400 crore, will see Adani Defence Systems & Technologies Ltd (ADSTL) acquire an 85.8% stake in Air Works.

Air Works offers a comprehensive range of services including line maintenance, heavy checks, interior refurbishment, painting, redelivery checks, avionics, and asset management. With facilities in Hosur, Mumbai, and Kochi, the company holds regulatory approvals from over 20 countries and also handles defense MRO.

Jeet Adani, Director of Adani Airports, emphasized the transformative potential of the Indian aviation industry, which is now the third largest globally and expected to induct over 1,500 aircraft in the coming years. "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," he stated.

Ashish Rajvanshi, CEO of Adani Defence & Aerospace, highlighted the importance of this acquisition in enhancing 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 defence aviation sectors," he added, emphasizing the commitment to scaling domestic capabilities to serve the broader aviation sector and the armed forces.