In a significant move to expand its aviation services, the Adani Group announced its acquisition of Air Works, India’s largest private-sector Maintenance, Repair, and Overhaul (MRO) company. This strategic purchase aims to strengthen India’s aviation infrastructure and position the Adani Group as a leader in the aviation services sector.
Air Works, with over seven decades of operational expertise, provides critical maintenance services to commercial airlines, business jets, and defense aircraft. The company operates a vast network of facilities across India and has built a reputation for delivering world-class services. The acquisition aligns with the Adani Group’s larger goal of bolstering India’s aviation capabilities, especially with the increasing demand for air travel and fleet expansion.
The MRO market in India is poised for rapid growth, driven by the rise in air passenger traffic and government initiatives to enhance the country’s aviation ecosystem. By acquiring Air Works, the Adani Group gains a foothold in this high-potential sector, which is expected to grow exponentially in the coming years.
Adani Group’s Chairman, Gautam Adani, emphasized the importance of developing India’s aviation infrastructure and the role MRO services play in ensuring operational efficiency and safety. He highlighted that Air Works’ acquisition would provide the Group with an opportunity to contribute to the indigenization of aviation services, reduce dependency on foreign MRO providers, and generate employment within the country.
This acquisition not only reflects the Adani Group’s confidence in the Indian aviation market but also signals a step forward in making India a global hub for MRO services. The integration of Air Works into the Adani portfolio will likely boost the country’s aviation sector and encourage further innovation and growth.