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INDIAN MRO MARKET
PM Modi, Macron discuss expansion of India's UPI in France, sign 19 pactsPrime Minister Narendra Modi and French President Emmanuel Macron met and signed 19 agreements. Discussions covered AI, innovation, trade, ...- Boosting BRICS, Brazil eyes role in India's defence sectorEmbraer, the Brazilian aerospace powerhouse, is setting its sights on a lucrative contract with the Indian Air Force, proposing the KC-390 ...
- Brazilian aerospace giant Embraer makes strong pitch to win tender for Indian military's transport aircraftBrazilian aerospace firm Embraer is actively seeking to win a major Indian military transport aircraft tender. Their C-390 Millennium is th...
- '10 major Indian semiconductor units to make global mark soon': PM Modi says 'complete supply chain' being createdPrime Minister Modi emphasised that heavy capital investments in core manufacturing and engineering sectors are generating millions of high...
- Bodo Moller Chemie opens warehouse facility in BengaluruBodo Moller Chemie has launched a new aerospace warehouse in Bengaluru. This facility will supply advanced materials to aviation and indust...
- Italian Defence Minister Crosetto’s bilateral visit strengthens the Indo-MediterraneanRising conflicts in the Indo-Mediterranean, especially after the October 7 attack on Israel and disruptions like the Strait of Hormuz closu...
- HAL appoints Kota Ravi as Chairman and MD as D K Sunil steps downRavi K has been appointed as the 22nd Chairman and Managing Director of Hindustan Aeronautics Limited, succeeding Dr. D.K. Sunil. With over...
- Indian aviation sector to handle about 500 million passengers annually by 2030: NMIA chiefIndia's aviation industry is gearing up for an extraordinary transformation. Experts anticipate a surge to 500 million air travelers by 203...
- MRO services in India to grow to USD 5.7 billion by 2030The future is bright for India's aviation maintenance industry, set to experience unprecedented growth. Projections indicate that MRO servi...
- GST clarification to make Indian MRO industry competitiveThe GST Council's recent decision to implement a uniform 5% tax rate on imports of aircraft parts and components is set to benefit India's ...
- Government to take steps to make India MRO hub: Nirmala SitharamanA competitive Indian MRO industry would help local airlines reduce expenses on such works which are currently done mostly overseas. India w...
- India's MRO sector growing fast, revenues pegged at $975 millionThe maintenance, repair and overhaul (MRO) space provides significant growth opportunities, more so because there are not many such facilit...
- Sops for maintenance, repair and overhaul services will help: ExpertsPost the incentives, servicing a plane in an Indian MRO will be about 20% costlier than in other markets, said industry experts.
- Air India Engineering Services Limited plans to offer MRO services to defence aircraftEyeing a 50 per cent growth in its topline to Rs 750 crore in the next fiscal, the Air India subsidiary also plans to rope in overseas carr...
- Boeing-Singapore International Airlines JV gets CCI green signalBoeing Singapore would hold 51 per cent stake in the Singapore-based joint venture company, while 49 per cent would be with SIA Engineering...
- Over-taxation restraining high growth in aviation sectorIndian carriers are expected to double their fleet size by 2020 to 1,000 aircraft by 2020, promising a huge opportunity for the MRO busines...
- Govt accords infrastructure status to MRO industryFollowing a recent change in the RBI policy, the MRO industry, which currently has an annual turnover of about $800 million, would get a bo...
- Budget 2013: Govt gives concessions to MROsCalling MRO as a nascent industry FM said during Budget speech that the sector has been offered some concessions.
- Air France-KLM buys 26% stake in Mumbai companyThe Air France-KLM combine recently picked up a 26% stake in a Mumbai-based firm, Max Aerospace and will soon launch a maintenance, repair ...
- Jet may buy stake in MRO facility at Hyderabad airportJet is considering stake buy at a time when airlines spend as much as $100 million towards maintenance expenses.
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