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
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