Gautam Adani makes another BIG move, buys a new company for Rs 4000000000, set to challenge…

Gautam Adani’s Adani Group has acquired Air Works, a company which has built significant capabilities in defence MRO, executing projects for key platforms of Indian Navy and Indian Air Force.

Gautam Adani good news: In a possible market-changing move, the Adani Group announced that it will acquire the aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of Rs 400 crore. For those unversed, Air Works offers an end-to-end bouquet of aviation services spanning line maintenance, heavy checks, interior refurbishment, painting, redelivery checks, avionics as well as asset management services to its Indian and global customers.

“Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works, India’s largest private sector MRO company with the largest pan-India footprint,” Adani group said in a statement.

Why acquiring Air Works can be game changing!

With operations spanning 35 cities and a workforce of over 1,300 personnel, Air Works brings extensive expertise in servicing both fixed-wing and rotary-wing aircraft. The acquisition enhances Adani’s capabilities in the defence MRO sector, solidifying its position in India’s airborne defence ecosystem. This strategic move marks a pivotal step in Adani’s growth trajectory, laying the foundation for its expansion into the civil aviation services domain.

Air Works undertakes base maintenance for narrowbody and turboprop aircraft, as well as rotary aircraft from its facilities at Hosur, Mumbai, and Kochi and with regulatory approvals from civil aviation authorities of more than 20 countries.

In addition to being a market leader in civil aviation, Air Works has built significant capabilities in defence MRO, executing projects for key platforms of Indian Navy and Indian Air Force.

Adani Group set to challenge?

The competitors of the Adani group in the following sector will be GMR Aero Technic and Hindustan Aeronautics Limited.

“The Indian aviation industry stands at a transformative juncture, now the third-largest globally and on track to induct over 1,500 aircraft in the coming years,” said Adani Airports Director Jeet Adani.

What is Adani Defence & Aerospace planning?

“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. Together, we are excited to play a pivotal role in shaping the future of India’s skies,” he said.

“This landmark acquisition represents a pivotal step in Adani Defence & Aerospace’s mission to strengthen India’s MRO capabilities,” said Ashish Rajvanshi, CEO, Adani Defence & Aerospace.

“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. At a time when Aatmanirbharta in defence is a national imperative, we stand fully committed to scaling domestic capabilities to serve both our armed forces and the broader aviation sector.

“This is our pledge to the nation — to build capabilities that secure our skies and strengthen our sovereignty,” he said. Adani Defence & Aerospace, a part of the Adani Group, is into designing, development, and manufacturing of state-of-the-art defence products.

(With inputs from agencies)