MRO in India - Trends, Challenges and Way Forward

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MRO in India - Trends, Challenges and Way Forward

10 Oct 2022

Potential of MRO in India Some of the factors which are expected to consider investing in the MRO sector in provide necessary fillip to the Indian MRO India by way of alliance and collaboration. [...] One of the most maintenance is an important aspect of an significant benefits that India provides to the airline and lessor’s MRO requirements, rest of the world is the availability of highly especially in India, where the sale-and- qualified engineers with the capability of lease-back model is common. [...] Demand-Supply mismatch as a result operations of MRO players in India.32 of the COVID: 19 pandemic – As a result Duty, Tax and Royalty Issues of the pandemic, there has been excess supply of MRO services, which has acted - Goods and Service Tax – The effective as a deterrent to the development of the GST levied for MRO services have been Indian MRO sector, which was expected to brought down from. [...] This regulatory agency Indian MRO market – The agency should ensure that relevant reforms are should highlight and market the scope and implemented in the sector – such as ensuring prospects of the Indian MRO industry in that provisions of the offset clause are strictly order to attract foreign investments and mandated – through effective interventions on provide required impetus to the industry. [...] Identification and development of regulations – One of the most important technology priority areas – The nodal areas of intervention for the nodal agency 36 Based on stakeholder interactions 44 / MRO in India: Trends, Challenges and Way Forward would be to conduct regular negotiations efforts are required by the agency in order with relevant stakeholders on DGCA to bring the industry and the acad.
Pages
60
Published in
India