India’s aircraft maintenance, repair & overhaul market to be worth $4 bn by 2031: Govt
India’s aircraft maintenance, repair and overhaul market is projected to be worth USD 4 billion by 2031 providing unprecedented opportunities, Civil Aviation Minister K Rammohan Naidu said on Wednesday.
Speaking at the inauguration of French major Safran’s MRO (Maintenance, Repair and Overhaul) facility in the city, Naidu said the country will become a preferred destination for aircraft maintenance activities.
The Safran Aircraft Engine Services India (SAESI) facility in the city will be operational in 2026 and will be a major boost for the country’s indigenous capabilities in the fast-growing aviation sector.
