‘MRO share in aerospace revenue seen rising to 40-45% in 2-3 years’

Tata Technologies is scaling up its aerospace and MRO (maintenance, repair and operations) business in India and abroad as airlines and original equipment manufacturers (OEMs) step up digital and engineering spends to cut turnaround time and aircraft-on-ground events.

- Akbar Merchant

The company expects the share of MRO in aerospace revenue to rise to 40-45% over the next two to three years, Keith Matthews, executive vice president and head — aerospace sales, Tata Technologies, tells

Tell us about your presence in India in the aerospace and MRO vertical and how you see it evolving. What does this mean for the revenue mix? We currently support a leading aviation customer in India across two base locations — Bengaluru and Delhi — with over 40 dedicated resources, contributing around 15-20% of Tata Technologies’ revenues in the current financial year. Structurally, aerospace engineering and MRO services are entering a multiyear growth phase, driven by higher fleet utilisation, aircraft delivery delays, and cost pressures. MRO today contributes about 30% of our aerospace revenues, and we expect this to rise to 40-45% over the next two to three years, led by in-service engineering, digital MRO, AI-led maintenance and shopfloor digitalisation.

Aerospace customers are expanding digital and engineering budgets. What does this mean for revenue visibility?