ADANI ACQUIRES 86% STAKE IN MRO FIRM AIR WORKS
Hindustan Times Mumbai|December 24, 2024
The Adani group's defence arm, Adani Defence Systems & Technologies Ltd (ADSTL), has signed an agreement to acquire an 85.8% stake in Air Works, India's largest private-sector Maintenance, Repair and Overhaul (MRO) company.
Yogesh Naik

MUMBAI

With operations across 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 story is from the December 24, 2024 edition of Hindustan Times Mumbai.

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This story is from the December 24, 2024 edition of Hindustan Times Mumbai.

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