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India Aims to Become $4 Billion MRO Hub by 2030, Says PM
Business Standard
|June 03, 2025
India is aiming to become a global hub for aircraft maintenance, repair, and overhaul (MRO) services worth $4 billion by 2030, Prime Minister Narendra Modi told delegates at the International Air Transport Association's (IATA's) 81st annual general meeting in New Delhi on Monday.
The growth plan, he said, will be supported by an expansion in the number of MRO facilities, from 96 in 2014 to 154 now, 100 per cent foreign direct investment (FDI), reduced goods and services tax (GST), and regulatory reforms.
Most MRO services for Indian carriers are currently carried out overseas due to the limited number of domestic facilities equipped to service nacelles, engines, auxiliary power units, and landing gear, said industry sources.
Welcoming global aviation leaders as the IATA event returned to India after four decades, Modi highlighted the sector's double-digit growth in the country.
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