Upgraded 11 August 2025 at 18:12 IST
The defence and aerospace arm of Adani Group, Adani Defence Systems and Technologies Limited (ADSTL) in collaboration with Prime Aero tattooed a binding contract to obtain 100 pe cent stake in Indamer Technics Private Limited (ITPL), India’s leading economic sector airplane MRO companies.
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ADSTL to aquire 100 percent stake in Indamer Technics by means of Prime Aero|Image: X
The defence and aerospace arm of Adani Group, Adani Defence Systems and Technologies Limited( ADSTL)in collaboration with Prime Aero tattooed a binding arrangement to obtain 100 pe cent stake in Indamer Technics Private Limited(ITPL), India’s leading economic sector airplane MRO companies.
The aquisition occurred through Adani Defence’s endeavor, Horizon Aero Solutions Limited. Horizo is a 50-50 collaboration in between ADSTL and Prime Aero, a business owned by Prajay Patel, the director of Indamer Technics.
Tactically situated at Nagpur in the MIHAN unique financial zone (SEZ), ITPL has actually established a greenfield center on the 30-acre website. The center has the capability to accommodate 15 airplane bays throughout 10 garages.
Jeet Adani, Director at Adani Airports, stated, “The Indian air travel market has actually seen an extraordinary improvement, ending up being the 3rd biggest in regards to guest traffic. With the Indian providers set to induct more than 1,500 airplane in the coming years, we are on the cusp of a brand-new period in air travel.”
“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,” he stated.
The ITPL is authorized by DGCA, FAA (USA) and other worldwide civil air travel regulators. The business uses a thorough suite of MRO services, consisting of lease return checks, heavy C-checks, structural repair work, and airplane painting to leading Indian and worldwide clients.
“Our goal is to create a single-point aviation services platform that is driven by world-class quality standards and customer satisfaction. As we have stated before, we are determined to play a pivotal role in shaping the future of India’s skies,” Adani stated.
Ashish Rajvanshi, CEO, Adani Defence and Aerospace, stated: “This acquisition marks another critical milestone in fulfilling Adani Defence & Aerospace’s vision to deliver a full-spectrum MRO offering to meet the needs of both commercial and defence aviation sectors.”