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AVIATION MRO INFRASTRUCTURE
Airbus wants more 'Made in India' aircraft parts: From titanium to complex assemblies, here's what company plans to source nextAirbus plans to increase its annual sourcing of components and services from India to USD 2 billion before 2030, up from the current USD 1....- GE Aerospace to nearly double supplier spend in India by 2030, eyes growing Aviation demandThe announcement was made alongside the release of a report by Ernst & Young (EY), GE Aerospace's Economic Impact in India, which assesses ...
- GE Aerospace to nearly double supplier spend in India by 2030, eyes growing Aviation demandThe announcement was made alongside the release of a report by Ernst & Young (EY), titled 'Powering Progress: GE Aerospace's Economic Impac...
- Rolls-Royce takes its board to India for the first time as AMCA fighter jet engine bet with Reliance growsRolls-Royce has held its first board meeting in India, emphasizing its commitment to future growth. CEO Tufan Erginbilgic discussed strateg...
- Self-reliance in aero-engines foundation of India's aerospace sovereignty: Rajnath SinghDefence Minister Rajnath Singh recently celebrated the remarkable milestone of HAL's Koraput Division delivering its 2,000th aero-engine. T...
- Karnataka to woo Singapore majors; Sats plans expansionKarnataka's industries minister MB Patil is engaging with several companies in Singapore for investment opportunities. The discussions incl...
- Embraer eyes bigger manufacturing footprint in India, looks to deepen local sourcingEmbraer is set to enhance its local production and sourcing capabilities in India, aligning with initiatives like 'Make in India' and Aatma...
- 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...
- Akasa Air to set up MRO facility at Noida International AirportAkasa Air on Friday announced a collaboration with Noida International Airport to set up an aircraft maintenance, repair and overhaul (MRO)...
- Adani Defence & Aerospace partners with Prime Aero to acquire 100% stake in Indamer TechnicsAdani Defence Systems and Technologies Limited, via Horizon Aero Solutions, is set to acquire Indamer Technics Private Limited, a significa...
- IndiGo inks initial pact with BIAL to set up MRO facilityIndiGo will set up a maintenance facility at Kempegowda International Airport Bengaluru. The airline has signed a pact with Bangalore Inter...
- Adani's defence arm to buy Air Works at Rs 400 crore valuationAdani Defence Systems & Technologies Ltd is acquiring an 85.8% stake in Air Works India for ₹400 crore, enhancing its presence in aviation....
- Adani Group expands aviation reach with ₹400 crore acquisition of Air Works GroupAdani Defence Systems & Technologies Ltd bought a majority stake in Air Works. The deal is worth ₹400 crore. Air Works is India's top priva...
- 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...
- 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...
- Indian MRO industry faces significant challenges: AmchamAmcham India is expected to lead some big US majors in the aviation sector to India Aviation-2014 which would begin here from tomorrow.
- Aviation ministry to seek tax relief for MROsThe aviation ministry will seek some exemptions on the service tax for the aircraft MRO industry from the finance ministry on Friday.
- 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...
- Aircraft maintenance, repair and overhaul industry calls for proper policyAircraft MRO business is currently worth USD 500 million and is likely to grow over USD 1.5 billion by 2020.
- Budget 2013 disappoints aviation, hospitality industry expertsAmber Dubey, Head-Aviation at KPMG in India, said "It has been a disappointing budget for aviation.
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