Uttar Pradesh Negotiates with Global Firms for Noida Airport Repair Hub
AVIATION & AIRPORTS

Uttar Pradesh Negotiates with Global Firms for Noida Airport Repair Hub

Noida International Airport (NIAL) plans to issue an expression of interest (EOI) next month for establishing a maintenance, repair, and overhaul (MRO) hub next to the upcoming Noida International Airport in Jewar. This hub will be part of the second phase of the airport project and will involve the acquisition of 1,365 hectares of land designated for this purpose and for an aviation hub. The process of land acquisition is currently on-going.

NIAL officials indicated that discussions are underway with some of the world's leading aircraft manufacturers to collaborate on this initiative. The government of Uttar Pradesh is also engaged in talks with global companies to set up the repair hub at the airport. To attract investment, the government has introduced a new MRO policy that offers capital investment subsidies ranging from 5 per cent to 12 per cent for companies that apply by December 31, 2024.

NIAL CEO Arun Vir Singh stated that the organisation is in talks with four major companies, encouraging them to invest in Jewar. He emphasized that the government is dedicated to developing the state as an MRO hub and has introduced a specialized policy to support this goal. Singh noted that the demand for MRO services in India is expected to increase faster than the global average due to the growing fleet size and passenger traffic.

Singh also mentioned that India currently operates 713 civilian aircraft, with over 1,500 more expected to be added to the fleet in the next seven years. He explained that major airports in India generally have limited or no land available for MRO hangars within or near the airport. In contrast, Noida International Airport will feature an MRO facility within its premises and a larger-scale facility adjacent to it. He highlighted the sector's potential, noting that maintenance costs account for approximately 12 per cent to 15 per cent of overall revenue, making it the second most expensive item after fuel.

Additionally, the concessionaire of Noida International Airport has issued a global tender for the development of an MRO facility on a 40-acre site within the airport's 1,334-hectare premises. Singh added that the concessionaire must commence commercial operations of the MRO facility by 2030.

Noida International Airport (NIAL) plans to issue an expression of interest (EOI) next month for establishing a maintenance, repair, and overhaul (MRO) hub next to the upcoming Noida International Airport in Jewar. This hub will be part of the second phase of the airport project and will involve the acquisition of 1,365 hectares of land designated for this purpose and for an aviation hub. The process of land acquisition is currently on-going. NIAL officials indicated that discussions are underway with some of the world's leading aircraft manufacturers to collaborate on this initiative. The government of Uttar Pradesh is also engaged in talks with global companies to set up the repair hub at the airport. To attract investment, the government has introduced a new MRO policy that offers capital investment subsidies ranging from 5 per cent to 12 per cent for companies that apply by December 31, 2024. NIAL CEO Arun Vir Singh stated that the organisation is in talks with four major companies, encouraging them to invest in Jewar. He emphasized that the government is dedicated to developing the state as an MRO hub and has introduced a specialized policy to support this goal. Singh noted that the demand for MRO services in India is expected to increase faster than the global average due to the growing fleet size and passenger traffic. Singh also mentioned that India currently operates 713 civilian aircraft, with over 1,500 more expected to be added to the fleet in the next seven years. He explained that major airports in India generally have limited or no land available for MRO hangars within or near the airport. In contrast, Noida International Airport will feature an MRO facility within its premises and a larger-scale facility adjacent to it. He highlighted the sector's potential, noting that maintenance costs account for approximately 12 per cent to 15 per cent of overall revenue, making it the second most expensive item after fuel. Additionally, the concessionaire of Noida International Airport has issued a global tender for the development of an MRO facility on a 40-acre site within the airport's 1,334-hectare premises. Singh added that the concessionaire must commence commercial operations of the MRO facility by 2030.

Next Story
Infrastructure Transport

Titagarh Rail Systems Launches Third Diving Support Craft for Indian Navy

Titagarh Rail Systems (TRSL) marked another milestone in its shipbuilding journey with the launch of the third indigenously built Diving Support Craft (DSC) for the Indian Navy. The vessel is part of a series of five DSCs being constructed by TRSL under the Ministry of Defence’s Make in India initiative.The launch ceremony was graced by Kangana Berry, wife of Vice Admiral Suraj Berry, AVSM, NM, VSM, Commander-in-Chief, who performed the traditional naming and launch. The vessel was side-launched into the Hooghly River at 16:10 hrs.Diving Support Crafts are catamaran-type vessels designed wit..

Next Story
Infrastructure Transport

Concord Control Systems Secures First Kavach 4.0 Order via Progota India

Concord Control Systems (CNCRD), a leading manufacturer of embedded electronic systems and critical electronic solutions, has secured its first order for Kavach 4.0 through associate company Progota India. Valued at Rs 190.45 million, the order represents the start of large-scale implementation opportunities for advanced railway safety systems in India.With this milestone, Concord will become one of the few railway companies to have a fully developed Kavach system approved for supply to Indian Railways. The next-generation Kavach has successfully advanced through the stringent approval journey..

Next Story
Infrastructure Urban

Awfis Delivers 67,000 sq ft Innovation Hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the country’s first publicly listed workspace solutions platform, has added eBay to its growing list of prestigious global capability centre (GCC) clients. Awfis has designed, built, and will manage a ~67,000 sq ft innovation hub for eBay at Embassy Tech Village, Bengaluru, supporting the e-commerce leader’s AI-first commerce strategy.The new centre will function as a strategic hub, advancing artificial intelligence, engineering, product development, and applied research, while further strengthening eBay’s growth in..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?