India's MRO Services Market Projected to Reach USD 5.7 Billion by 2030
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India's MRO Services Soar: USD 5.7 Billion by 2030, Driven by Fleet Expansion
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News18•20-03-2026, 13:45
India's MRO Services Soar: USD 5.7 Billion by 2030, Driven by Fleet Expansion
•India's Maintenance, Repair, and Overhaul (MRO) services market is projected to reach USD 5.7 billion by 2030, growing from USD 4.4 billion in 2025 at 5.4% annually.
•Engine MRO will contribute nearly half of this demand, with airframe and modifications seeing the fastest growth.
•India's commercial aircraft fleet is expected to exceed 1,800 by 2030, with narrow-body aircraft almost doubling to over 1,300.
•Government initiatives include building over 100 new airports by 2030 and policies like GST reductions and FDI liberalization to support aviation growth.
•Significant investments by companies like Safran, IndiGo, Thales, and Adani Group are bolstering India's MRO and aerospace manufacturing capabilities.
