Business EconomyPosted at: Jan 22 2026 9:31PM


Adani merges two Group Companies to expand MRO Business

Mumbai, Jan 22 (UNI) The Adani Group has announced that it plans to merge Air Works and Indamer which are both companies owned by it to expand its presence in the aircraft maintenance, repair and overhaul (MRO) business.
The new aircraft services vertical will cater to both civil and defense aviation, according to Adani Airport Holdings’ Director Jeet Adani.
It may be recalled that the Adani Group had entered the MRO space in December 2025 after it acquired Air Works for Rs 400 crore ($44 million). Air Works has a strong presence in India, particularly in the line and base maintenance categories.
The acquisition of Airworks was followed by the purchase of Indamer Technics through Adani Defense Systems and Technologies Ltd (ADSTL), which strengthened the Adani Group’s capabilities in commercial and defence aircraft maintenance. ADSTL, in partnership with Prime Aero Services LLP, acquired a 100% stake in Indamer Technics, creating the foundation for a consolidated MRO platform.
As part of its MRO business expansion plans, the Adani Group has indicated that it will go beyond airframe maintenance and enter landing gear overhaul, aircraft painting, passenger-to-freighter (P2F) conversions and eventually engine maintenance as well.
There are also plans to expand its physical footprint, with new local MRO bases planned in Ahmedabad, Bhubaneswar and Guwahati, in addition to existing MRO facilities.
The Adani Group has announced plans to invest $11 billion in its airport business over the next five years, underlining its long-term commitment to India’s aviation sector.
Significantly, the Adani Group has made these investments at a time when Indian airlines are preparing to induct around 1,700 aircraft over the coming years, driving demand for maintenance, training and support services.
The Adani Group has also entered the pilot training segment by acquiring a 72.8 per cent stake in Flight Simulation Technique Centre (FSTC) for around $90 million in order to support the growing aviation ecosystem.
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