India’s MRO Market Set For USD 4 Billion Boost

28 Nov 2025 CW Team

India’s aircraft maintenance, repair and overhaul (MRO) sector is expected to reach a valuation of USD 4 billion by 2031, presenting significant opportunities for industry players, Civil Aviation Minister K Rammohan Naidu said on Wednesday.

Speaking at the inauguration of Safran’s new MRO facility in the city, the minister said India is set to emerge as a preferred global destination for aircraft maintenance. The Safran Aircraft Engine Services India (SAESI) facility, scheduled to become operational in 2026, will strengthen the country’s domestic capability in the rapidly expanding aviation sector.

Naidu added that conducting MRO activities within the country could save up to USD 15 billion in foreign exchange over the coming years. The reduction in maintenance costs for airlines is expected to translate into more affordable fares for passengers.

India remains one of the fastest-growing civil aviation markets, with domestic airlines collectively holding orders for more than 1,500 aircraft.

Reiterating India’s ambition to become a global aviation hub, the minister noted that the country’s MRO market is projected to achieve USD 4 billion in value by 2031, supported by an estimated annual growth rate of 8.9 per cent.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..