Atharva Advanced Systems and Technologies Limited is poised to specialise in the development and manufacturing of various autonomous aerial technology and systems tailored for defence applications.
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.
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.
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