Report Description


Forecast Period


Market Size (2023)

USD 2.18 Billion

CAGR (2023-2029)


Fastest Growing Segment

Rotary Wing Aircraft

Largest Market



The India aerospace and defense industry greatly depends on the maintenance, repair, and overhaul (MRO) sector, which assures the availability and airworthiness of aircraft. India is one of the largest civil aviation markets and opening a sizable development window for MRO facilities in India will generate new opportunities. India's mostly MRO needs are now satisfied by imports. The domestic MRO market in India is still in its development stage but has enormous development potential. The aviation industry's growth will be the key driver of the sector's expansion. Until the regional MRO business catches up to its overseas competitors in terms of scale and certified scope of services, dependence on foreign MROs is likely to remain intact.

Companies eager to get involved and meet the MRO requirements for military aviation are closely monitoring this market because of the growth of the aviation industry, manufacturing capacity for aircraft parts and equipment, growing interest from private players, and establishment of some MRO facilities within India (mostly with OEM support). Only a few firms have experience in this field by supporting civil aviation MRO facilities, working with OEMs, or creating their own knowledge. As capabilities are developed and privatization increases, more businesses are entering military aviation. However, it is important to recognize the significant differences between civil and military aviation standards.

Recent Developments

  • The Indian government has taken various initiatives to promote MRO activities in the country. For instance,as of year 2021 the government has allowed 100% FDI in the MRO sector, which has attracted foreign investments. The government has also set up MRO facilities in various parts of the country, such as Nagpur, Hyderabad, and Bangalore. Similarly, Air India announced a purchase of 470 brand-new Boeing and Airbus aircraft in 2022, and it will generate revenue for India MRO market.

Market Overview

India Aviation MRO Market Drivers

MRO demand in India is predicted to increase far more quickly than the rest of the globe, presenting both, domestic and international investors, OEMs, and top MROs with lucrative investment potential. Through partnerships and alliances, several domestic and international firms may potentially think about making investments in India's MRO industry. A few noteworthy developments in the market include the MoU signed between Air India Engineering Services Ltd. (AIESL) and Pratt & Whitney to open a joint engine MRO facility in Mumbai and the partnership between the Wadia group and SIA Engineering Company. Such changes pave the way for a vibrant MRO market that promises to give India a robust operational ecosystem for both local and international trade.

Common sale and lease-back arrangement offering a broad range of maintenance services for redelivery, which is a crucial component of an airline's and lessor's MRO requirements is maintenance, particularly in India, where the sale-and-leaseback model is popular. This is a significant opportunity for both extensive maintenance and component repair. This is now being carried out primarily outside of India due to the several legal and technological restrictions.