Adani Defence & Aerospace partners with Prime Aero to expand aviation MRO footprint
Ahmedabad: Adani Defence Systems and Technologies Limited (ADSTL), through its venture Horizon Aero Solutions Limited, in partnership with Prime Aero Services LLP, has signed a definitive agreement to acquire a 100 per cent stake in Indamer Technics Private Limited (ITPL), India’s pioneering private-sector MRO provider.
Horizon is a 50-50 partnership between ADSTL and Prime Aero, a company owned by Prajay Patel, the director of ITPL.
Strategically located at Nagpur in the MIHAN special economic zone (SEZ), ITPL has set up a state-of-the-art greenfield facility on the 30-acre site. The facility has the capacity to 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 1500 aircraft in the coming years, we are on the cusp of a new era in aviation” said Jeet Adani, Director, Adani Airports.
“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 Prajay Patel, Director of Indamer Technics and Prime Aero.