India's Aviation Boom: MRO Sector Set to Soar

India's MRO sector is projected to grow significantly, reaching USD 5.7 billion by 2030. Key drivers include doubling of the commercial aircraft fleet and increased airport infrastructure. Coordinated public and private investments in MRO, airports, and aerospace manufacturing are vital to support this expansion in the aviation sector.

India's Maintenance, Repair, and Overhaul (MRO) sector is poised for substantial growth, projected to reach USD 5.7 billion by 2030, according to Singapore-based Alton Aviation Consultancy. This growth, driven by an expanding commercial fleet and increased airport infrastructure, underscores the sector's pivotal role in India's burgeoning aviation market.

Alton's directors, Alan Lim and Joshua Ng, highlighted that India's commercial fleet will expand to over 1,800 aircraft by 2030, with narrow-body aircraft numbers almost doubling. To accommodate this, the government plans to build more than 100 additional airports, taking the total to over 200 by the end of the decade.

Further, large-scale public and private investments are enhancing India's aerospace ecosystem, with airports, manufacturing, and special economic zones like Hyderabad's Adibatla SEZ attracting global aerospace firms. These developments mark a coordinated effort to establish India as a self-sustaining aviation powerhouse.

(With inputs from agencies.)