Aircraft MRO: AAI to offer land in 8 airports

26 Mar 2021 Editorial Team

The Airports Authority of India (AAI) has identified land at eight airports for inviting bids to set up maintenance, repair and overhaul (MRO) units for the servicing of aircraft.

The Ministry of Aviation (MoA) informed the Rajya Sabha that the AAI has come up with a liberal maintenance, repair and overhaul (MRO) policy with significantly reduced liberalised land rentals. It added that no revenue share would be charged from MROs by AAI under the new contracts.

The eight airports where AAI has identified land for aircraft MRO are:

Begumpet (Hyderabad)
Bhopal
Chandigarh
Chennai
Juhu (Mumbai)
Kolkata
New Delhi
Tirupati

In addition to the eight AAI-operated airports, airports at Bengaluru and Cochin, which are operated by private players, have also earmarked land for the development of MRO, the ministry said.

Currently, most airlines fly abroad to service their aircraft. With a view to attracting companies to set up MROs in India, the government reduced Goods and Services Tax (GST) on MROs from 18% to 5% with full input tax credit from 1 April 2020. Transactions sub-contracted by foreign original equipment manufacturers (OEMs) and MRO companies to domestic MRO are treated as exports with zero-rated GST from 1 April 2020. Custom duty on tools, toolkits and spares imported by MROs has been waived. In addition, the government now allows 100% foreign direct investment (FDI) through the automatic route.

The ministry also said that MROs currently operate at 19 airports run by AAI, including those at Hyderabad and Mumbai, which operate under the public-private partnership (PPP) model.

Image Source

Also read: Leases on PPP to club loss-making with profitable airports

Also read: Tatas to launch MRO unit, airlines company

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..