+
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
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?