Announcing measures to boost the country’s domestic aviation sector, Finance Minister Nirmala Sitharaman on Saturday said steps will be taken to make the country a hub for Maintenance, Repair and Overhaul (MRO) of aircraft.
“Not just civil aircraft but defence aircraft can also benefit from the MRO if we make India a huge hub … Maintenance cost for all airlines will come down and that again will have a ripple effect on passengers. Travellers can probably pay less after that,” she said.
The announcement was made by Sitharaman as part of the fourth tranche of stimulus measures to boost the economy amid the coronavirus pandemic.
