India has made significant strides in positioning itself as a global hub for the #maintenance, #repair, and #overhaul (MRO) of military aircraft, with ambitious plans to double its MRO industry to $4 billion by 2030. This growth is being driven by international #aerospace giants like France’s Dassault Aviation, and US-based Lockheed Martin and Boeing, which have either announced or hinted at major #investments in the Indian market. Currently, India accounts for $2 billion of the global MRO business.
This insight was originally reported in this article published in business-standard.com discussing India’s growing role in the global #MRO sector.