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India aims to double its aircraft MRO industry value to $4bn in seven years via a 5% GST rate, assistance for MRO facility establishment, and ease of re-import/export.
India's Civil Aviation Minister aims to boost the country's aircraft MRO (Maintenance, Repair, and Overhaul) industry, increasing its value from $2bn to $4bn in seven years.
Measures include a 5% GST rate on parts, components, and tools, full assistance for MRO facility establishment, and easing re-import and export periods for goods.
The government aims to create MRO facilities for both domestic and international airlines.
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La India tiene el objetivo de duplicar su valor de la industria de aeronaves MRO a $4 mil millones en siete años a través de una tasa GST del 5%, asistencia para el establecimiento de instalaciones MRO, y facilidad de reimportación/exportación.