Adani Defence Systems and Technologies Limited (ADSTL), through its venture Horizon Aero Solutions Limited, in partnership with Prime Aero Services LLP, has signed a definitive agreement to acquire a 100% stake in Indamer Technics Private Limited (ITPL). Horizon is a 50-50 partnership between ADSTL and Prime Aero, a company owned by Prajay Patel, the director of Indamer Technics.
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In a regulatory filing, Adani Enterprises said that the deal marks an expansion of Adani’s footprint in the aviation Maintenance, Repair, and Overhaul (MRO) sector.
Strategically located at Nagpur in the MIHAN special economic zone (SEZ), ITPL has set up a state-of-the-art greenfield facility on the 30-acre site. The facility, it said, has the capacity to accommodate 15 aircraft bays across 10 hangars.
Approved by the Directorate General of Civil Aviation (DGCA), the US Federal Aviation Administration (FAA), and other international regulators, ITPL offers a comprehensive suite of MRO services, including Lease Return Checks, Heavy C-Checks, Structural Repairs, and Aircraft Painting to Indian and global customers.
Jeet Adani, Director, Adani Airports, said, “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 that is driven by world-class quality standards and customer satisfaction.”
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Ashish Rajvanshi, CEO, Adani Defence & Aerospace, said, “Following the addition of Air Works to our portfolio, this acquisition further strengthens our capabilities and footprint in the MRO segment and reinforces our position as the largest private-sector MRO player in the country.”
Prajay Patel, Director of Indamer Technics and Prime Aero, said, “This collaboration brings together deep-rooted engineering excellence with robust infrastructure and growth capital.”
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