Page 9 - Final_AAI Newsletter_May Issue_27th May
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Issue 07 | May 2022 AAIConnect
India’s Potential of maintenance and repair
services. In fact, airlines have
as a Major MRO Hub started showing a preference
for comprehensive solutions
that include scheduled heavy
maintenance and engine checks
PRITI TIWARI Nadu), Chandigarh, Delhi, Juhu over a fixed number of years.
Manager-Corporate Communication, (Maharashtra), Kolkata (West The current market size of
NSCBI, Kolkata Airport Bengal) and Tirupati (Andhra the Maintenance, Repair and
Pradesh). Overhaul (MRO) industry in India
ndian aviation sector is set The strategic location of which is assessed at about $700
for significant growth in MRO these airport serves additional to $800 million, is expected to
Iappetite, driven by growth advantage for becoming Global grow at 7.7 per cent annually
in domestic traffic and fleet MRO hubs as well as hubs for over the next decade. This is
size. Government of India aircraft part manufacturing. more than three times the
plans to develop its airports as These MRO hubs will be backed global rate. The demand is being
MRO hubs, incorporating all by the enormous domestic and driven by a fleet growing at 9.9
the capabilities, facilities and foreign investment in these per cent annually to a projected
warehouses at the airports to regions over the years. figure of over 2,300 in FY 2040.
provide low-cost, high-quality In terms of the different Several important policy
services to aircraft and parts kinds of MRO activities, engine decisions were made by
manufacturers as well as overhaul is one of the largest Ministry of Civil Aviation which
airlines and other companies in segments of MRO spends and will help strengthen Indian
the industry. generates around a third of all MROs, helping them secure
To push MRO activities for demand. Line maintenance and a greater pie of the Indian
aircraft and helicopters in component O&M are the next aviation maintenance market
the country, the ministry has largest segments. comprising components,
identified eight airports for The industry used to engines etc, and promoting
attracting investments to set earlier operate as a captive the convergence of civil and
up MRO facilities. The eight maintenance provider earlier. defence MROs, making India
airports are those at Begumpet However, it is now gradually increasingly Aatmanirbhar and
(Telangana), Bhopal (Madhya moving towards a total solution a global MRO hub.
Pradesh), Chennai (Tamil provider that includes a variety India’s MROs for the first time
will be able to see light at the
end of the tunnel. Significant
Capital Expenditure coupled
with additional policy alignment
is being implemented. As these
issues are gradually addressed,
MROs in India may become a
huge success. ■
