Investments in Aviation MRO estimated
to be US$ 30 Billion by 2020

Boeing's MRO JV venture investment could go up to $185 million.
The boom in the aviation industry has set the stage for huge growth in the aircraft maintenance, repair and overhaul (MRO) market. Both government and private equity organisations are increasing investment in this area with the intention of providing reliable and cost-effective maintenance services to all Indian carriers. Simultaneously, they hope to attract foreign airlines that provide high-quality MRO services and offer competitive advantage. This will also help fulfil certain mandatory and defined quality thresholds.

MRO business in India  is expected to be an average  of  $150 million per annum for the next 10 years.

MRO company in India have  low manpower cost, roughly $30-$35 per hr  or about 60% cheaper than in Western Europe or the US

Center for Asia Pacific Aviation(CAPA) has predicted that India has a potential to service at least 1000 commercial planes and 500 general aviation aircraft by 2020.

Potential for Indian MRO has increased as many commercial airlines started operations where as only Air India and jet airways have their own MRO to service their  fleet.

Air India and Boeing are seeking a majority stake in the proposed maintenance, repair and overhaul (MRO) venture that is supposed to come up at Nagpur and are on the look out for a third partner for the JV. Lufthansa Technik, Essar Group and SIA Engineering are said to be the likely contenders and the MoU is expected to be signed within three months. Once operational, the venture will be able to undertake the entire range of MRO activities, including structural repairs and interior modifications to aircraft

MRO Companies being setup in India:

Air Works  JV with Air Livery Plc at Hosur India
One stop airline support private Limited  promoted by Lufthansa Technic
Boeing JV facility with Air India  at Nagpur
Hyderabad Aircraft Maintenance Company (HAMCO) –Hyderabad,India
Taneja Aerospace and aviation Limited (TAAL) Bangalore ,India
( MoU with Sabena Technics).
Paramount Airways  in association with Brazilian aircraft manufacturer Embraer