Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
17 May, 2026, 07.14 PM IST
Jewar, once infamous for crime, emerging as global investment destination: UP CM Yogi ahead of Noida Airport operations from June 1514 May, 2026, 01.49 PM IST
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...
23 Apr, 2026, 07.43 PM IST
Haveus Aerotech signs MoU with Karnataka govt for Rs 450 cr MRO facilityUnder the memorandum of understanding signed between the two, the state government will facilitate Haveus Aerotech in obtaining the necessa...
28 Mar, 2026, 07.13 PM IST
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...
20 Mar, 2026, 01.54 PM IST
PM Modi to inaugurate Safran Aircraft Engine Services India facility on WednesdayPrime Minister Narendra Modi will virtually inaugurate Safran’s new aircraft engine MRO facility in Hyderabad on Wednesday. The LEAP-engine...
25 Nov, 2025, 05.31 PM IST
New policy unveiled to make India global aviation maintenance hubUnder the new policy, the rate of lease rental would be decided through bidding instead of the current practice of having predetermined AAI...
10 Sep, 2021, 07.12 AM IST
Government announces new MRO policy for civil aviation space; seeks to attract investmentsAt present, most of the MRO (Maintenance, Repair and Overhaul) work is done outside India. The government has chosen 8 airports for MRO act...
09 Sep, 2021, 10.08 PM IST
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...
12 Dec, 2016, 03.18 PM IST
Civil Aviation Ministry seeks service tax exemption for MRO worksTo provide a boost to the domestic aviation sector, the Civil Aviation Ministry has sought service tax exemption as well as customs duty re...
02 Feb, 2016, 03.22 PM IST
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.
31 Oct, 2015, 03.00 AM IST
Ministry of Civil Aviation seeks tax incentives for MRO under new aviation policyThe ministry has pitched for certain tax incentives for the MRO segment to ensure that there are more such facilities in the country.
02 Sep, 2015, 06.59 PM IST
Draft civil aviation policy likely by early SeptemberThe government expects to finalise the revised draft civil aviation policy by the first week of September, a senior official said today.
19 Aug, 2015, 06.22 PM IST
Aviation Ministry likely to seek tax break for maintenance, repair and overhaulThe civil aviation ministry is likely to seek a tax break for the maintenance, repair and overhaul (MRO) sector and this proposal is expect...
10 Aug, 2015, 05.41 AM IST
'Tax policy, labour shortage in way of India becoming MRO hub'High taxation policy, lack of clarity on land allotment and significant shortage of skilled labour are impeding India's emergence as a glob...
24 Feb, 2014, 06.50 PM IST
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...
13 Jan, 2014, 06.42 PM IST
- Aircraft maintenance, repair and overhaul industry calls for proper policy
Aircraft MRO business is currently worth USD 500 million and is likely to grow over USD 1.5 billion by 2020.
28 Apr, 2013, 10.39 AM IST