MRO & Manufacturing
Adani Defence Acquires Indamer Technics to Boost India Aviation MRO Market
Adani Defence & Aerospace acquires Indamer Technics, strengthening India’s MRO sector amid rapid aviation growth and policy reforms.
India’s aviation sector stands at a pivotal crossroads, propelled by rapid fleet expansion, robust policy reforms, and an increasing emphasis on self-reliance. The recent acquisition of Indamer Technics Private Limited by Adani Defence & Aerospace, in partnership with Prime Aero, marks a significant milestone in this journey. This transaction is not only notable for its scale but also for its timing, coinciding with India’s emergence as the world’s third-largest aviation market by passenger traffic and the government’s strategic push to establish the country as a global hub for Maintenance, Repair, and Overhaul (MRO) services.
The deal, executed through Horizon Aero Solutions Limited, a 50-50 joint venture between Adani Defence Systems and Technologies Limited (ADSTL) and Prime Aero Services LLP, reflects the growing complexity and ambition of India’s aviation infrastructure strategy. With Indian carriers expected to induct more than 1,500 aircraft in the coming years, the demand for efficient, world-class MRO services is set to soar. This acquisition, therefore, is not merely a business transaction but a step toward transforming India’s aviation support ecosystem and reducing dependence on overseas service providers.
As the Indian MRO market is projected to double in size by 2030, the Adani-Indamer deal offers a lens through which to examine the confluence of market dynamics, policy reforms, and strategic investments shaping the future of aviation in India. This article explores the transaction’s structure, the capabilities of Indamer Technics, the broader market context, and the implications for India’s aviation ecosystem.
The acquisition of Indamer Technics Private Limited was executed through Horizon Aero Solutions Limited, a joint venture equally owned by ADSTL and Prime Aero Services LLP. This structure enables the pooling of Adani’s infrastructure prowess and financial strength with Prime Aero’s specialized aviation experience, led by Prajay Patel, Director of both Indamer Technics and Prime Aero. Such a partnership ensures operational continuity and strategic alignment, leveraging the deep-rooted expertise of Indamer’s management while injecting growth capital and infrastructure support from Adani.
This transaction follows Adani’s earlier acquisition of Air Works India, further consolidating its position as India’s largest private-sector MRO operator. The sequential nature of these acquisitions demonstrates a deliberate strategy to build a vertically integrated aviation services platform. By combining airport operations, MRO capabilities, and defense sector expertise, Adani aims to offer a comprehensive suite of services that cater to both commercial and defense aviation needs.
Industry analysts highlight the benefits of this partnership model, which balances control, risk, and operational integration. The joint venture structure allows for knowledge transfer, shared decision-making, and the harnessing of complementary strengths, essential in an industry where regulatory compliance, safety standards, and technical expertise are paramount.
“This acquisition is the next step in our push to establish India as a premier global MRO destination. Our goal is to create a single-point aviation services platform that is driven by world-class quality standards and customer satisfaction.” — Jeet Adani, Director, Adani Airports
Indamer Technics operates a state-of-the-art greenfield facility in Nagpur’s MIHAN special economic zone, spanning 30 acres and capable of accommodating 15 aircraft bays across 10 hangars. The facility’s strategic location at the geographical center of India provides logistical advantages, reducing ferry costs and enabling efficient maintenance scheduling for airlines nationwide.
The company holds approvals from the Directorate General of Civil Aviation (DGCA), the US Federal Aviation Administration (FAA), and other international regulators, enabling it to serve both domestic and global customers. Its service portfolio covers lease return checks, heavy C-checks, structural repairs, and aircraft painting, with a particular specialization in the Airbus A320 family. Indamer’s legacy, rooted in over eight decades of aviation experience, further enhances its credibility and customer relationships. Recent technological upgrades, such as the rapid implementation of Ramco Aviation Software, underscore Indamer’s commitment to operational efficiency and digital transformation. This software, used by thousands of aviation professionals worldwide, enables integrated maintenance planning, inventory management, and regulatory compliance, key to scaling operations in a high-growth environment.
The Indian MRO market is experiencing unprecedented growth, fueled by the country’s expanding aircraft fleet and supportive policy reforms. According to Grand View Research, the market was valued at $3.037 billion in 2023 and is projected to reach $6.887 billion by 2030, with a compound annual growth rate of 12.4%. Other estimates suggest similar robust trajectories, with the government targeting a 50% domestic market share by 2030.
Historically, over 90% of India’s MRO spending has gone to international providers, primarily due to capacity constraints and higher domestic costs. However, recent reductions in GST on aircraft components and services, along with customs duty exemptions and the liberalization of foreign direct investment rules, have enhanced the competitiveness of Indian MRO operators. These reforms have improved working capital efficiency, reduced turnaround times, and attracted new investments in facilities and technology.
Engine overhaul remains the largest revenue segment in Indian MRO, while modification services are the fastest-growing. The increasing prevalence of aircraft leasing in India has also spurred demand for specialized services such as lease return checks and redelivery inspections, areas where Indamer and Air Works have developed significant expertise.
The acquisition of Indamer Technics positions Adani Group at the forefront of India’s aviation infrastructure transformation. By integrating MRO capabilities with its extensive airport network, Adani can offer airlines a seamless, one-stop solution for maintenance and ground services, reducing operational costs and turnaround times. The central location of Indamer’s Nagpur facility further enhances this value proposition, making it an attractive hub for both domestic and international carriers.
Beyond commercial aviation, the deal strengthens Adani’s ability to serve defense sector clients, supporting India’s strategic objectives of self-reliance and national security. The dual-use capabilities of the expanded MRO platform allow for the maintenance of both civilian and military aircraft, leveraging shared infrastructure and technical expertise.
From an industry perspective, the entry of a large, well-capitalized conglomerate like Adani into the MRO space introduces new competitive dynamics. Private sector investment is expected to drive capacity expansion, technological innovation, and service quality improvements, factors critical to reducing India’s reliance on foreign MRO providers and retaining more value within the domestic economy.
“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.” — Ashish Rajvanshi, CEO, Adani Defence & Aerospace
The Indian government’s aviation policy reforms have been instrumental in catalyzing MRO sector growth. Uniform GST rates, customs duty exemptions, and the “Make in India” initiative have collectively lowered the barriers to entry and incentivized investment in domestic capabilities. The government’s ambition to capture 50% of the domestic MRO market by 2030 is supported by skill development programs, training academies, and the establishment of aerospace parks. International regulatory cooperation, such as mutual recognition agreements and bilateral safety partnerships, has expanded the market reach of Indian MRO providers, enabling them to service foreign-registered aircraft and participate in global supply chains. These developments, combined with a skilled workforce and improving infrastructure, position India as a rising competitor to established regional hubs in Singapore and Malaysia.
Looking ahead, the adoption of advanced technologies, such as predictive maintenance, artificial intelligence, and digital workflow optimization, will be crucial for Indian MRO providers to enhance efficiency, reduce costs, and meet the evolving needs of airline customers. Workforce development and continuous training will also play a vital role in sustaining growth and maintaining high safety standards.
The acquisition of Indamer Technics by Adani Defence & Aerospace, in partnership with Prime Aero, represents a landmark development in India’s aviation sector. It reflects the convergence of strategic investment, policy reform, and market opportunity, positioning India to become a global leader in aircraft maintenance and support services. The deal not only enhances Adani’s service offerings but also contributes to the broader goal of building a self-reliant, world-class aviation ecosystem.
As India’s aviation market continues its rapid ascent and the MRO sector doubles in size over the coming years, the success of this transaction will depend on effective integration, capacity optimization, and a relentless focus on quality and innovation. With the right combination of expertise, infrastructure, and policy support, India is poised to redefine its role in the global aviation value chain, benefiting airlines, passengers, and the national economy alike.
Q: What is the significance of the Adani-Indamer Technics acquisition? Q: How does the transaction benefit Indian airlines? Q: What policy changes have supported MRO sector growth in India? Q: What are the future prospects for the Indian MRO market?
Introduction
Transaction Structure and Strategic Rationale
Indamer Technics: Capabilities and Assets
Indian MRO Market Dynamics
Strategic Implications and Industry Impact
Policy Environment and Future Opportunities
Conclusion
FAQ
A: The acquisition marks a major step in consolidating India’s MRO sector, positioning Adani as the largest private player and supporting the country’s goal to become a global aviation maintenance hub.
A: Indian airlines gain access to world-class, cost-competitive MRO services within the country, reducing reliance on international providers and minimizing aircraft downtime.
A: Key reforms include reductions in GST on aircraft components, customs duty exemptions, and liberalized FDI rules, all aimed at enhancing the competitiveness of domestic MRO operators.
A: The Indian MRO market is expected to double by 2030, driven by fleet expansion, policy reforms, and increased investment in infrastructure and technology.Sources
Photo Credit: Reuters
MRO & Manufacturing
Brookhouse Aerospace Acquires Parker Precision to Expand Engineering Capabilities
Brookhouse Aerospace acquires Parker Precision to integrate CNC turning, milling, and grinding capabilities, enhancing supply chain services in the UK.
This article is based on an official press release from Brookhouse Aerospace.
Brookhouse Aerospace, a leading independent manufacturer of composite and metallic aero-structures based in Darwen, Lancashire, has officially announced the acquisition of Parker Precision. The move represents a significant step in Brookhouse’s strategy to vertically integrate its supply-chain and expand its internal engineering capabilities.
According to the company’s press release, the acquisition of the Wolverhampton-based precision engineering firm will allow Brookhouse to offer a more comprehensive “build-to-print” service to the aerospace and defence sectors. Parker Precision, known for its expertise in CNC turning and milling, will continue to operate from its existing facility in Bilston, retaining its 35-strong workforce.
The acquisition is described by Brookhouse leadership as a “strategic fit” designed to bring critical precision engineering processes in-house. By integrating Parker Precision’s capabilities, specifically Precision CNC Turning, CNC Milling, and 5-Axis Grinding, Brookhouse aims to reduce reliance on external suppliers for these specific processes and offer a complete supply chain solution.
Matthew Rossiter, CEO of Brookhouse Aerospace, emphasized the value this addition brings to the group’s service portfolio:
“We are delighted to welcome Parker Precision into the Brookhouse Aerospace group. This acquisition is an excellent strategic fit, enhancing our capabilities with Precision CNC Turning, CNC Milling, and 5-Axis Grinding, building on our strategy of providing a complete supply chain solution.”
, Matthew Rossiter, CEO of Brookhouse Aerospace
Rossiter further noted that the acquisition not only secures a skilled workforce but also opens access to new customer bases while strengthening the value proposition for existing clients.
Parker Precision, founded in 1952, has a long history of manufacturing, evolving from small tools for the lock industry to high-precision aerospace components. Under the new ownership structure, the company will function as a subsidiary of the Brookhouse Aerospace group. Marc Corns, Managing Director of Parker Precision, expressed optimism about the stability the deal provides: “The successful completion of this acquisition provides future certainty for our team. As part of Brookhouse, we look forward to the opportunity to further enhance our capabilities and capacity, to deliver customer requirements, advance expertise in key markets and grow the business.”
, Marc Corns, Managing Director of Parker Precision
The deal connects two major UK manufacturing hubs: Brookhouse’s stronghold in the North West Aerospace Alliance region and Parker’s base in the Midlands. This regional synergy is expected to support the group’s mission to build a leading mid-market company servicing the aerospace and defence industries.
This acquisition follows a period of significant investment for Brookhouse Aerospace. The company recently opened a new state-of-the-art manufacturing facility in Darwen, Lancashire, known as Balle Mill. According to verified industry reports, the company has invested heavily in new machinery to increase capacity.
Kenny Worth, Executive Chairman of Brookhouse Aerospace, framed the acquisition as a logical progression following these internal investments:
“Following our recent investment in a new state-of-the-art manufacturing facility in Darwen, Lancashire and the installation of significant new machining capabilities, the acquisition of Parker Precision is just the next step in our mission to build a leading mid-market company servicing aerospace and defence industries.”
, Kenny Worth, Executive Chairman of Brookhouse Aerospace
Worth also indicated that the company remains in growth mode, stating that they “continue to evaluate, and are actively seeking, suitable additional opportunities.”
The acquisition of Parker Precision by Brookhouse Aerospace highlights a broader trend of consolidation within the aerospace supply chain. As Original Equipment Manufacturers (OEMs) increasingly demand “one-stop-shop” solutions to reduce logistical complexity and risk, Tier 1 and Tier 2 suppliers are under pressure to expand their internal capabilities.
By acquiring a specialist like Parker Precision, Brookhouse effectively secures its upstream supply chain for machined components. This vertical integration allows for tighter quality control and potentially faster turnaround times, critical factors in the competitive aerospace and defence markets. Furthermore, retaining the Parker Precision brand and workforce suggests a strategy of stability rather than aggressive restructuring, preserving the specialized skills that make the target company valuable in the first place. Parker Precision specializes in precision CNC engineering, including CNC Turning, CNC Milling, and 5-Axis Grinding. They serve sectors such as Aerospace, Oil & Gas, Defence, Electronics, and Medical.
No. According to the announcement, Parker Precision will continue to operate from its current base in Bilston, Wolverhampton, as part of the Brookhouse Aerospace group.
Parker Precision employs 35 people, all of whom are being retained following the acquisition.
Brookhouse Aerospace is owned by Nord Aerospace Holdings (specifically Nord Aerospace Bidco Limited).
Brookhouse Aerospace Acquires Parker Precision to Strengthen Supply Chain Capabilities
Strategic Expansion and Vertical Integration
Operational Continuity and Regional Growth
Investment in Manufacturing Excellence
AirPro News Analysis
Frequently Asked Questions
What does Parker Precision specialize in?
Will Parker Precision move its operations?
How many employees does Parker Precision have?
Who owns Brookhouse Aerospace?
Sources
Photo Credit: Brookhouse Aerospace
MRO & Manufacturing
GA Telesis Expands Asia-Pacific Reach with South Korean Approval
GA Telesis Engine Services secures South Korean MOLIT certification to offer engine overhaul services and signs new deal with MIAT Mongolian Airlines.
This article is based on an official press release from GA Telesis.
GA Telesis Engine Services (GATES), the Helsinki-based engine maintenance subsidiary of GA Telesis, has announced a major expansion of its operational capabilities in the Asia-Pacific region. According to an official company press release, GATES has received Approved Maintenance Organization (AMO) certification from South Korea’s Ministry of Land, Infrastructure, and Transport (MOLIT). This certification authorizes the facility to perform full overhaul services on specific engine models for South Korean airlines.
In a simultaneous development, the company confirmed a new engine maintenance agreement with MIAT Mongolian Airlines. These announcements mark a strategic push by GATES to establish itself as a primary independent alternative to Original Equipment Manufacturer (OEM) facilities in a region heavily reliant on narrowbody aircraft.
The newly acquired MOLIT approval is a critical regulatory milestone for GATES. Under South Korea’s Aviation Safety Act, foreign repair stations must undergo a rigorous audit of their quality control systems and technical procedures before they are permitted to release South Korean-registered aircraft to service. By securing this certification, GATES can now bid directly for heavy maintenance contracts with South Korean carriers without requiring third-party approvals.
According to the press release, the MOLIT approval covers full overhaul authority for three major engine types:
This scope is particularly significant given the composition of the South Korean commercial fleet. Market data indicates that the CFM56-7B is the primary engine for the country’s low-cost carriers (LCCs), including Jeju Air, T’way Air, and Jin Air, which operate substantial fleets of Boeing 737-800 aircraft. Additionally, the CF6-80C2 remains in service with major carriers like Asiana Airlines and Korean Air for their widebody operations.
“This approval allows us to bring our world-class engine maintenance solutions directly to South Korean airlines, offering them a competitive alternative for their fleet requirements.”
, Statement from GA Telesis Press Release
Alongside the regulatory news, GATES announced a definitive agreement with MIAT Mongolian Airlines for the maintenance of its CFM56-7B engines. MIAT, the national flag carrier of Mongolia, operates a fleet centered around the Boeing 737-800. This contract underscores the technical capabilities of the Helsinki facility and provides MIAT with a maintenance partner located strategically between its Asian and European route networks.
The agreement validates GATES’ strategy of targeting operators who require flexible, cost-effective maintenance solutions outside of the traditional OEM network. By utilizing the Helsinki facility, MIAT gains access to a European Aviation Safety Agency (EASA) environment while maintaining logistical efficiency for its fleet. The Rise of Independent MROs in Asia
The entry of GATES into the South Korean market represents a shift in the regional Maintenance, Repair, and Overhaul (MRO) landscape. Historically, South Korean airlines have relied heavily on OEM-affiliated shops, such as the Korean Air Tech Center, or major regional players like ST Engineering. These relationships often come with rigid pricing structures and capacity constraints.
As an independent provider, GATES is positioned to compete on turnaround time (TAT) and workscope flexibility. For LCCs operating on tight margins, the ability to perform targeted repairs, rather than mandatory full overhauls, can result in significant cost savings. The “hospital shop” concept, which focuses on surgical repairs to return engines to service quickly, is likely to appeal to carriers like T’way Air and Jeju Air as their fleets age and maintenance events become more frequent.
Furthermore, the timing of the MOLIT approval coincides with a high demand for CFM56 shop visits globally. As supply chain issues continue to plague the new engine market (LEAP and GTF), airlines are holding onto older aircraft longer, increasing the need for reliable maintenance capacity for legacy engines like the CFM56 and CF6.
The GATES facility is located at Helsinki-Vantaa Airport in Finland. According to company data, the site spans 180,000 square feet and features an integrated test cell capable of handling engines with up to 100,000 lbs of thrust. The facility has an annual capacity of approximately 200 engines.
With the addition of the South Korean MOLIT certification, GATES now holds approvals from major global regulators, including:
This broad regulatory portfolio allows the company to serve a diverse customer base across Europe, Asia, and the Americas, reinforcing its status as a premier independent engine maintenance provider.
GA Telesis Engine Services Secures South Korean Regulatory Approval, Expands APAC Footprint
Breaking Barriers in the South Korean Market
Authorized Engine Types
Strategic Partnership with MIAT Mongolian Airlines
AirPro News Analysis
Facility Capabilities and Global Reach
Sources
Photo Credit: GA Telesis
MRO & Manufacturing
ITP Aero to Acquire Aero Norway, Expanding CFM56 MRO Services
ITP Aero signs agreement to acquire Aero Norway, enhancing aftermarket capabilities for CFM56 engines and expanding its European MRO presence.
ITP Aero, a global leader in aerospace propulsion, has signed a binding agreement to acquire Aero Norway, a specialized maintenance, repair, and overhaul (MRO) provider focused on CFM56 engines. According to the company’s official announcement, the transaction is expected to close during the first half of 2026, subject to customary regulatory approvals.
The acquisition represents a significant expansion of ITP Aero’s aftermarket capabilities. By integrating Aero Norway’s facility in Stavanger, Norway, ITP Aero aims to reinforce its status as a leading independent player in the aerospace services sector. The move follows a trajectory of aggressive growth for the Spanish propulsion company since its acquisition by Bain Capital in 22.
Aero Norway operates out of a facility at Sola Airport in Stavanger, employing a workforce of over 200 skilled technicians. The company has established a reputation for high-quality engine maintenance, specifically for the CFM56 engine family, serving a global client base of airlines, lessors, and asset managers.
In its press statement, ITP Aero highlighted that the two companies possess “highly complementary strengths.” The deal combines Aero Norway’s deep expertise in engine overhaul with ITP Aero’s existing engineering capabilities and component repair infrastructure. This synergy is designed to offer a more comprehensive suite of services to the aftermarket sector.
This agreement is the latest in a series of strategic moves by ITP Aero. In 2023, the company acquired BP Aero in the United States and was recently selected to join Pratt & Whitney’s GTF MRO network. These steps are part of a broader “2030 Strategic Plan” which aims to double the size of the business and increase the global workforce by 50% by the end of the decade.
While the press release focuses on corporate synergies, the acquisition underscores a critical trend in the current aviation landscape: the extended dominance of the CFM56 engine. As new-generation engines like the LEAP and GTF face supply chain delays and durability challenges, airlines are keeping older aircraft powered by CFM56 engines in service longer than originally planned.
Industry data suggests that approximately 20,000 CFM56 engines will remain in service through 2025. Consequently, the demand for maintenance shop visits is projected to peak between 2025 and 2027. By acquiring a specialist shop like Aero Norway, ITP Aero is effectively positioning itself to capture high-value work during this period of “structural undersupply” in the narrowbody market. This “Golden Tail”, the long, profitable tail end of an engine program’s lifecycle, provides a stable revenue runway for MRO providers capable of handling heavy overhauls. The crossover point where new-generation engine shop visits outnumber CFM56 visits is not expected until later in the decade, making capacity for legacy engines a premium asset today.
Leadership from both organizations emphasized the value of combining their respective technical strengths. Eva Azoulay, CEO of ITP Aero Group, described the agreement as a key component of the company’s roadmap.
“The signing of this binding acquisition agreement marks a significant milestone in our strategic roadmap. This acquisition reinforces our ambition to become a leading independent player in the aerospace aftermarket.”
, Eva Azoulay, CEO of ITP Aero Group
Neil Russell, CEO of Aero Norway, noted that the merger would unlock synergies beneficial to their customer base.
“By combining the complementary strengths of ITP Aero and Aero Norway, we will unlock significant synergies that enhance our competitiveness and deliver even greater value to our customers.”
, Neil Russell, CEO of Aero Norway
ITP Aero reports that it has tripled its earnings since 2022 and is currently implementing a long-term business plan that spans civil, defense, and MRO segments. The company was advised on legal M&A matters regarding this transaction by Baker McKenzie.
Pending regulatory clearance, the integration of Aero Norway into the ITP Aero Group will finalize in 2026, solidifying the company’s footprint in the European MRO market.
Sources:
ITP Aero to Acquire Aero Norway, Strengthening Position in CFM56 Aftermarket
Strategic Expansion in the MRO Sector
AirPro News Analysis: The “Golden Tail” of the CFM56
Executive Commentary
Future Outlook
Photo Credit: ITP Aero
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