Adani Defence & Aerospace, along with Prime Aero Services LLP, has signed an agreement to acquire Indamer Technics Private Limited (ITPL), as per the reports. The acquisition will be carried out through Horizon Aero Solutions Limited, a 50:50 joint venture between Adani Defence Systems and Technologies Limited and Prime Aero, owned by Prajay Patel, who is also a director at ITPL.
ITPL operates a greenfield maintenance, repair and overhaul (MRO) facility located in Nagpur’s MIHAN Special Economic Zone. The site covers 30 acres and has space for 15 aircraft bays across 10 hangars. It is approved by the Directorate General of Civil Aviation, the US Federal Aviation Administration, and other international aviation regulators, as per news reports
The company’s operations include lease return checks, heavy C-checks, structural repairs, and aircraft painting. These services are offered to both Indian and international customers.
“The Indian aviation industry has witnessed an unprecedented transformation, becoming the 3rd largest in terms of passenger traffic. With the Indian carriers set to induct more than 1500 aircraft in the coming years, we are on the cusp of a new era in aviation,” stated Jeet Adani, Director, Adani Airports.
“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.”
Prajay Patel, Director of Indamer Technics and Prime Aero, stated, “This collaboration brings together deep-rooted engineering excellence with robust infrastructure and growth capital.”
Read more: Adani Enterprises to Raise ₹1,000 Crore Through NCDs!
Following the acquisition of Air Works, Adani Defence & Aerospace plans to integrate ITPL’s capabilities to expand services for both commercial and defence aircraft. The company plans to make use of synergies between the 2 MRO businesses.
As of 10:49 AM on August 12, 2025, Adani Enterprises share price was trading at ₹2,275.20, a 0.36% decrease.
The deal adds to Adani’s existing aviation-related operations and increases available MRO capacity within India. ITPL’s Nagpur facility, along with its regulatory approvals, positions it to service a growing number of domestic and international aircraft.
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Published on: Aug 12, 2025, 12:05 PM IST
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