The recent Union Budget provided some succour to the fledgling maintenance, repair and overhaul (MRO) wing of the aviation industry in the form of waiver of custom duty on spares. But the industry has a lot more runway to cover for a take‐off. India is still nowhere within sighting distance of achieving self‐sufficiency in maintaining and servicing its growing fleet of commercial aircraft. Sample this ‐ today domestic airlines spend about $800 million every year for MRO services to keep their aircraft fleet in flying condition. But hardly 10‐15 per cent of these services are undertaken in India with the rest flowing to Europe, West Asia and South‐East Asia.
Source: Hindu Business Line
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