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.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..