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The acquisition aims to expand the partners’ MRO network in India and will include ITPL’s facility in Nagpur, Maharashtra.

Deal at enterprise value of Rs 400 crore; acquisition enhances Adani’s capabilities in defence MRO sector.

India aims to become a global aircraft exporter, scaling up domestic manufacturing, says Civil Aviation Minister.

Under the agreement, Airbus will provide the A320 family tool package and offer specialised consulting services to HAL to set up an MRO.

Air works is the oldest MRO in India with a presence across 27 cities, 6 maintenance bays, and 900+ maintenance experts