Adani to buy Air Works for ₹400 cr
Mint Chennai|December 24, 2024
Ahmedabad-headquartered Adani Group's defence arm Adani Defence and Aerospace on Monday entered into an agreement to acquire an 85.8% stake in Air Works, India's largest privately-held aircraft maintenance, repair, and overhaul (MRO) company.
Saloni Goel, Anubhav Mukherjee & Anirudh Laskar

The move is in line with the conglomerate's strategy to capitalise on India's ambition to become self-reliant in defence capabilities and take advantage of a thriving aviation industry.

The acquisition, with an enterprise value of ₹400 crore, will enable Adani Group to offer a range 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, the group said in a statement.

この記事は Mint Chennai の December 24, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mint Chennai の December 24, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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