India's aircraft MRO industry forecast to grow 50% by 2026, driven by fleet expansion and tax reforms.

India's aircraft maintenance, repair, and overhaul (MRO) industry is forecast to grow by 50%, reaching over Rs 4,500 crore by fiscal 2026. This growth is driven by an expanding fleet size, rationalized GST, and increased demand for maintenance services. The rising number of aircraft and lower taxes on components are expected to boost competitiveness and improve credit profiles for domestic MROs.

2 months ago
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