Adani Defence Systems & Technologies Limited (ADSTL) announced on Monday that it has acquired a 100% stake in private-sector aircraft maintenance, repair, and overhaul (MRO) provider Indamer Technics Private Ltd (ITPL) through its venture, Horizon Aero Solutions Ltd, in partnership with Prime Aero Services LLP.
Horizon Aero Solutions Ltd is a 50-50 joint venture between Adani Defence and Prime Aero, a company owned by Prajay Patel, who also serves as the director of Indamer Technics Pvt Ltd.
The acquired MRO facility is a 30-acre greenfield site located at the Multi Modal International Cargo Hub & Airport at Nagpur (MIHAN) Special Economic Zone (SEZ) in Maharashtra.
The facility can accommodate up to 15 aircraft bays across 10 hangars. ITPL is approved by the Directorate General of Civil Aviation (DGCA), the US Federal Aviation Administration (FAA), and other global civil aviation regulators, according to the company.
“We are excited to partner with Adani Defence & Aerospace to take Indamer Technics to new heights. This collaboration brings together deep-rooted engineering excellence with robust infrastructure and growth capital,” said Prajay Patel, director of Indamer Technics and Prime Aero.
Jeet Adani, Director of Adani Airports, said: “The Indian aviation industry has witnessed an unprecedented transformation, becoming the third largest in terms of passenger traffic. With Indian carriers set to induct more than 1,500 aircraft in the coming years, we are on the cusp of a new era in aviation.”
Indamer offers a comprehensive suite of MRO services, including lease return checks, heavy C-checks, structural repairs, and aircraft painting for leading Indian and global customers.
“This acquisition is the next step in our push to establish India as a premier global MRO destination. It also reinforces our commitment to building an integrated aviation services ecosystem that strengthens India’s aviation infrastructure. Our goal is to create a single-point aviation services platform driven by world-class quality standards and customer satisfaction,” Jeet Adani added.
Adani Defence and Aerospace CEO Ashish Rajvanshi said: “The acquisition is an important milestone in fulfilling our vision to deliver a full-spectrum MRO offering for both commercial and defence aviation sectors. Following the addition of Air Works to our portfolio, this acquisition further strengthens our capabilities and reinforces our position as the largest private-sector MRO player in the country.
“The strategic location of Nagpur, at the center of India, adds immense value to our operations by bolstering our pan-India footprint and providing substantial capacity to scale up our business. Together with Air Works, this acquisition unlocks significant synergies between the two companies, creating enhanced value for our stakeholders through integrated solutions and operational excellence,” Rajvanshi said.