India Business News: Adani Group has committed to investing Rs 12,400 crore in Telangana over the next 10 years. The investment will cover various sectors including green energy projects, defence, cement, and data centres. These investments will create thousands of jobs in Telangana.
In October 2022, Adani Defence Systems had signed definitive agreements to acquire Air Works, a highly diversified independent MRO with the largest pan-India network presence across 27 cities.
Last year in October, Adani Defence Systems had signed definitive agreements to acquire Air Works, a highly diversified independent MRO with the largest pan-India network presence across 27 cities
With volumes across the various segments of the aviation industry increasing, the MRO business has also become a lucrative proposition for the likes of Adani Group.