Adani Defence, Prime Aero acquire Indamer Technics to boost India’s MRO leadership

Jeet Adani, Director, Adani Airports
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Adani Defence Systems and Technologies Limited (ADSTL), in partnership with Prime Aero Services LLP, has signed a binding agreement to acquire a 100 per cent stake in Indamer Technics Private Limited (ITPL), a private-sector Maintenance, Repair, and Overhaul (MRO) company.
The investment is made through Horizon Aero Solutions Limited, a 50-50 venture between Adani Defence & Aerospace and Prime Aero, a company owned by Prajay Patel. He is also a director of ITPL, as stated in the company’s official release. ITPL has established a state-of-the-art greenfield facility on a 30-acre site in Nagpur, within the MIHAN Special Economic Zone (SEZ). The facility can accommodate 15 aircraft bays across 10 hangars. ITPL is approved by DGCA, FAA (USA) and other global civil aviation regulators. The company offers a comprehensive suite of MRO services, including Lease Return Checks, heavy C-checks, Structural Repairs, and Aircraft Painting, to leading Indian and global 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 1,500 aircraft in the coming years, we are on the cusp of a new era in aviation. This acquisition is the next step in our push to establish India as a premier global MRO destination,” Jeet Adani, Director, Adani Airports, stated.
Comprehensive MRO services
“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. 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. The strategic location of Nagpur, at the center of the country, adds immense value to our operations by bolstering our pan-India footprint and providing us substantial capacity to scale up our business. Together with Air Works, this acquisition unlocks significant synergies between the two companies, creating enhanced value for our stakeholders through integrated solutions and operational excellence.” stated Ashish Rajvanshi, CEO, Adani Defence & Aerospace
“We are excited to partner with Adani Defence & Aerospace to take Indamer Technics to new heights. This collaboration brings together deep-rooted engineering excellence with robust infrastructure and growth capital.” said Mr. Prajay Patel, Director of Indamer Technics and Prime Aero.
Published on August 11, 2025