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Projects: Air India MRO to help fuel aviation services growth

Fiinews by Fiinews
February 28, 2024
in Projects
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Topcast’s Mathur tracks Indian aviation sector trajectory

Air India’s Rs.13,000 crore Maintenance, Repair and Overhaul (MRO) centre in Bengaluru is set to pace up the aviation services https://www.civilaviation.gov.in/ in India, according to industry officials.

The facility will focus on airframe maintenance progressing through the development of widebody and narrowbody hangars for all checks, including heavy structural checks, according to a joint statement issued by Tata Group https://www.tata.com/ and the Karnataka state government https://www.karnataka.gov.in/english after signing MoU on 19 Feb.

“This initiative will further strengthen India’s aviation infrastructure by boosting the growth of the country’s MRO industry,” said Air India’s https://www.airindia.com/ chief commercial officer Nipun Agarwal.

MROs are set to drive future aviation services business in India, added Tarun Mathur, Senior Sales Manager for India at the Hong Kong-headquartered Topcast https://topcast.com/ , a global supplier of parts, services and solutions for the aviation industry.

Speaking at the Singapore Airshow https://www.singaporeairshow.com/ held 20-25 Feb, he pointed out the upcoming Air India’s MRO, in addition to two MROs operated by Hyderabad-based GMR Aero Technic https://www.gmraerotech.in/ and Air Works Group https://airworks.aero/about-us/air-works-group , the largest pan-India network presence across 27 cities.

“Our Indian business is set to grow by a good 30 per cent by the end of this year,” he added. Topcast’s Indian business grew in 2023 by 5.5 per cent on the year and future prospects are good.

Topcast’s Indian business comes from civil aviation and original equipment manufacturers with HAL https://eproc.hal-india.co.in/HAL/, Tata Advanced Systems https://www.tataadvancedsystems.com/ and Wipro https://www.wipro.com/ among leading customers.

Industry observers said the Indian Government is encouraging development of MRO sector as part of its larger aviation industry eco-system.

There are about 1,000 aircraft operated by India-based airlines, a number of which are being refurbished and overhauled.

Post-pandemic, Asian airlines are in the midst of recovery from the two-year of business Covid-19 which means revamping assets, according to the observers. Fiinews.com

Tags: Air IndiaTata Group
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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