Adani Defence Systems & Technologies Ltd. (ADSTL) has signed definitive agreements to acquire Air Works, a highly diversified independent MRO with the largest pan-India network presence across 27 cities.
Air Works has developed extensive operational capabilities within the country for key defence and aerospace platforms. From the first P-8I aircraft Phase 32 checks to Phase 48 checks and MRO on the landing gear of the Indian Air Force’s 737 VVIP aircraft, Air Works undertakes base maintenance for ATR 42/72, A320 and B737 fleet of aircraft from its EASA and DGCA-certified facilities at Mumbai, Delhi, Hosur and Kochi.
“Given India’s growth trajectory and the Government’s focus to network the nation through a massive mesh of air connectivity, it is inevitable that the primary growth of India’s airline and airport sector lies ahead of it. Therefore, the Maintenance, Repair, and Overhaul sector has a crucial role to play in both, the defence and civilian aerospace sector. Add to this the ongoing modernisation program to make India a large market for defence aircraft, and what emerges is one of the most exciting, comprehensive, at scale and digital MRO services within the boundaries of the nation.” said Ashish Rajvanshi, CEO of Adani Defence & Aerospace.
D Anand Bhaskar, MD & CEO, Air Works Group said, “India has the potential to become the MRO hub for the region across defence and civil aircrafts. The government’s policy measures and initiatives, including the convergence of civil and defence MRO would create economies of scale and huge employment opportunities.”
Air Works Group is the preferred MRO partner to global aviation OEMs, aircraft owners/ operators (including Fixed Wing & Rotary Wing), lessors, airlines and the Indian Defence Services, offering a host of services, including MRO and heavy checks, Line maintenance, Cabin and Interior refurbishment, Exterior finishing and painting, Avionics upgrades, integrations and retrofits, End-of-lease/ redelivery checks, Maintenance training (CAR 147), and Asset Management services to domestic and international clients.