GMR group's facility in Hyderabad will become the fourth Boeing-approved facility globally after China, Costa Rica, and the United Kingdom. MRO facilities in Israel and the United States also carry out similar works but Boeing has a far higher market share in the passenger to freighter conversion business.
In a press release, the GMR group said it bagged the contract through a global competitive bidding process. "With the rise in the Indian aviation industry, MRO services in India have become one of the fastest growing market globally. The partnership with Boeing reaffirms our capability to provide world class MRO services and further contribute to the Make in India initiative," said Ashok
This story is from the March 11, 2023 edition of Business Standard.
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This story is from the March 11, 2023 edition of Business Standard.
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