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Industry seeks policy boost for aircraft MRO segment

Industry seeks policy boost for aircraft MRO segment

Lack of proper policy for aircraft maintenance, repair and overhaul (MRO) is hampering the development of the sector in the country, reports indicate. India is said to be having tremendous growth prospect in the MRO segment and hence industry body ASSOCHAM called for streamlining of taxes to encourage aviat

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Aviation sector not satisfied with budget 2013-14

Aviation sector not satisfied with budget 2013-14

CII's National Committee on Civil Aviation expressed dissatisfaction over the Union Budget 2013-14 as it feels that the budget has not done enough to boost the aviation sector. Even as it welcomed the the concessions granted to the MRO (Maintenance, Repair and Overhaul) sector, it noted that MRO industry is "small right now taking the aircraft population into account

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The growth challenges

The growth challenges

The growing aviation market in India demands for improved airport and allied infrastructure. Nitin Bhasin highlights the need for improved regulatory framework and long-term planning and investment to address the key challenges in the Indian airport sector.India is currently the ninth largest aviation market in the world and may be set for a transformational growth to become the

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AI to spin off MRO

AI to spin off MRO

National carrier Air India (AI) plans to spin off maintenance, repair and overhaul (MRO) engineering operations by April to earn about Rs 3,000 crore annually through the engineering division.

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