Page 6 - mro-business-today-15-08-2024

INDIA’S SPECIAL STORY

Through this partnership
with AIESL, we continue
to make strategic invest-
ments in India’s MRO
capabilities that enhance
mission readiness rates
for the Indian Navy.
Developing local MRO ca-
pabilities is critical for re-
ducing repair turnaround
time and aircraft down-
time, thereby improving
the mission readiness
cilities within India, with other airlines Airbus the largest aeronautics and of customer fleets.
frequently relying on international space company, has been a valued part-
MRO providers. Air India, in particular, ner of India for more than five decades.
has played a crucial role in driving the Airbus has helped in building India’s Salil Gupte
growth of the Indian MRO sector. civil aviation history, as the A320 Family President,
Tata Group-owned Air India has part- has made air travel affordable across Boeing India and
nered with Maharashtra Airport Devel- the Indian marketplace. Yet, the A350- South Asia
opment Company to establish South 900 to the indigo will provide new
Asia’s largest Flying Training Organisa- international market opportunities for
tion in Amravati, Maharashtra. the new Indian airlines and, in turn, will further
FTO in Amravati will complement Air the development and expansion of the potential to emerge as a global MRO
India’s efforts to enhance India’s avia- Indian aviation sector. hub.
tion ecosystem. IndiGo, the largest airline in India, has The Indian aviation sector is set for
The Directorate General of Civil Avia- recently partnered with RECARO Aircraft significant growth in MRO appetite,
tion (DGCA) lists 150 approved Indian Seating to fit its new A321neo business driven by growth in domestic traffic and
Air Maintenance Organizations, with the cabins with the RECARO R5 seats. this fleet size. During the period of the 11th
three largest Indian organizations—Air move marks a milestone as it introduces Five Year Plan period, passenger traffic
India Engineering Services Limited business class seating on IndiGo’s is expected to increase by about 19%
(AIESL), Air Works, and GMR Aero Tech- A321neo fleet. and cargo traffic by about 11%.
nic—accounting for 90% of the MRO The prevailing trends in the aviation
revenue in the country. Future Outlook: Demand and Expansion industry make it evident that India is
whereas the largest individual Asian Market forecasts indicate that the emerging as the fastest-growing market
airline, IndiGo has become one of the Indian civil aviation sector will require in the post-COVID world. With these
fastest growing low-cost carriers in the up to 2,200 new aircraft over the next strategic moves, India is set to leverage
world and the largest airline in India two decades. This anticipated demand its growing aviation market and emerg-
with its recent 30 Airbus A350 wide- underscores the need for expanded ing MRO capabilities to establish itself
body jets order. MRO capabilities and reinforces India’s as a key global player.

6 15 Aug, 2024 www.mrobusinesstoday.com