Category News Summary

India’s MRO and Aerospace Sectors Take Off Amid Strategic Collaborations and Growing Demand

India's MRO and aerospace sectors are witnessing rapid growth, with the MRO industry projected to exceed ₹4,500 crore by FY26, driven by a 20–25% fleet expansion. Key developments include Safran-HAL's partnership for LEAP engine parts and Bharat Forge's collaboration with Liebherr-Aerospace to set up a precision manufacturing plant in Pune. These global tie-ups bring advanced technologies, while policy support like GST reduction boosts competitiveness. The result is stronger profitability, expanded infrastructure, and increased self-reliance. Together, these factors position India as a rising global hub for both civil and defence aviation maintenance, manufacturing, and skilled job creation.