Adani Defence & Aerospace to acquire Air Works for INR 400 crore

Adani Defence Systems & Technologies Ltd. has signed definitive agreements to acquire Air Works, India's largest independent MRO, for an enterprise value of INR 400 crore. Air Works has a pan-India network across 27 cities and six maintenance bays.

“Given India's growth trajectory and the Government's focus to network the nation through a massive mesh of air connectivity, it is inevitable that the primary growth of India's airline and airport sector lies ahead of it.”adanienterprises.com

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• adanienterprises.comAdani Defence & Aerospace to acquire Air Works for an enterprise value of INR 400 CroreOct 18, 2022

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