Steep climb for India to be maintenance, repair and overhaul hub
Commercial airlines in India operate more than 400 planes. The number of privately owned planes is even higher. Regular maintenance, repair and overhaul (MRO) are critical to ensure safety of any aircraft, but for a country that boasts of the world’s fastest growth in aviation, the options in India are few. India’s airlines spend around INR50b on MRO every year; however, 90% of that goes to MRO units in countries such as Sri Lanka, Singapore, Malaysia and the UAE, which offer lower costs, faster turnarounds and higher technical expertise. Aviation minister P. Ashok Gajapathi Raju thinks India can do better. According to Raju, given India’s technology and skill base, the govt is keen to develop India as an Asian MRO hub, retaining the domestic business and attracting business from foreign airlines. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2016-03-16/general/steep-climb-for-india-to-be-maintenance-repair-and-overhaul-hub
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Steep climb for India to be maintenance, repair and overhaul hub
Commercial airlines in India operate more than 400 planes. The number of privately owned planes is even higher. Regular maintenance, repair and overhaul (MRO) are critical to ensure safety of any aircraft, but for a country that boasts of the world’s fastest growth in aviation, the options in India are few. India’s airlines spend around INR50b on MRO every year; however, 90% of that goes to MRO units in countries such as Sri Lanka, Singapore, Malaysia and the UAE, which offer lower costs, faster turnarounds and higher technical expertise. Aviation minister P. Ashok Gajapathi Raju thinks India can do better. According to Raju, given India’s technology and skill base, the govt is keen to develop India as an Asian MRO hub, retaining the domestic business and attracting business from foreign airlines. <br/>
