The future is bright for India’s aviation maintenance industry, set to experience unprecedented growth. Projections indicate that MRO services will reach a staggering USD 5.7 billion by the year 2030. This upward trend is driven by an increasing number of aircraft and proactive government measures supporting airport improvements.
Engine MRO demand is expected to contribute almost half of this demand, with airframe and modifications slated to grow the fastest in this five-year period, according to a study report by Alan Lim and Joshua Ng, Directors of Alton Aviation Consultancy and aviation industry veterans.
Alton forecasts that India’s commercial aircraft fleet will grow to more than 1,800 aircraft by 2030, with narrow-body aircraft almost doubling from over 700 aircraft today to over 1,300, Lim and Ng said.
