Adani Defence Systems & Technologies Ltd. (ADSTL) has signed definitive agreements to acquire Air Works, India’s biggest and highly diversified independent MRO with the largest pan-India network presence across 27 cities.
Adani Group To Foray Into Aircraft Maintenance Business With Acquisition Of Air Works For Rs 400 Crore swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
In the coming future, Air Works will be run by Adani Defence Group rising its potential from 1.7 billion dollar to 5 billion dollar by 2030. Adani Defence Systems & Technologies Ltd (ADSTL) acquired India's second-oldest independent MRO for a total net value of rupees 400 crores
Adani Defence Systems & Technologies Ltd. (ADSTL), the defence manufacturing arm of the $ 250-billion Adani Group, today said it had signed definitive agreements to acquire Air Works, India’s biggest and highly diversified independent maintenance, repair and overhaul (MRO) company with the largest pan-India network presence across 27 cities.