Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
The Ahmedabad-based
conglomerate aims to capitalize on the growing demand for a dedicated domestic
freighter fleet, a market currently dominated by foreign air cargo operators. “Undertaking P2F operations is part of the
company’s long-term vision. India has a significant need for freighters to
support the expanding air cargo and logistics sector. We aim to bridge this
gap,” a senior official familiar with the plan told ET Infra.
Adani Defence and
Aerospace will spearhead the group’s entry into the freighter conversion
sector, with the objective of acquiring commissioning capability for both
narrow-body and wide-body freighters within India, the official added.
Air Works, which currently operates in 35 cities with
major facilities in Hosur, Mumbai, and Kochi, holds regulatory approvals to
conduct line and base maintenance for 13 original equipment manufacturers
(OEMs). This existing infrastructure positions it as a crucial enabler of
Adani’s freighter conversion ambitions.
According to
Boeing, the global freighter fleet is expected to grow by approximately 66%,
from 2,340 cargo planes in 2023 to 3,900 by 2043. Despite this expansion, India
currently accounts for only a small share of the global fleet, with around
20-25 operational cargo planes. The country’s air cargo market is projected to
grow at a compounded annual growth rate (CAGR) of 6-8% over the next decade. Currently, the top domestic cargo plane
operators include IndiGo, SpiceXpress, Pradhan Air Express, and Bluedart
Aviation.
Experts believe
that India will require at least 80-100 dedicated freighters by 2030 and
120-150 by 2035, including converted narrow-body aircraft for domestic
operations and wide-body freighters for long-haul routes. India’s first P2F conversion facility was established in Hyderabad in
2023, catering to both domestic and foreign aircraft. This facility resulted
from a partnership between Boeing and GMR Aero Technic. Additionally, Israel
Aerospace Industries is reportedly exploring a similar venture in India.
Adani Defence and
Aerospace could follow suit by forming strategic partnerships with foreign OEMs
for its P2F conversion operations, further strengthening India’s position in
the global freighter market.
