MRO Business Today’s Post

The recent order by Indian domestic airlines for over 1,100 aircraft is expected to double the size of India's MRO industry from $2 billion to $4 billion over the next seven years. Indian Proactive Federal Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu recently emphasized the government's commitment to establishing India as a premier global #MRO destination during his address in the Indian parliament on 8th August 2024. #India is aiming to become a #globalaviationhub and This growth is fueled by India's strategic geographical advantage, positioning it as a competitive player in the global #MROsector. However, only 15-20% of this market is currently being serviced locally while 80-85% is serviced overseas. #IndiaMinister, Rammohan Naidu has Addressed these challenges faced by the #IndiaMROsector. DGCA India AIESL MRO TRV Narendra Modi Air India Limited IndiGo (InterGlobe Aviation Ltd) #IndianMROindustrygrowth #MoCRammohanNaidu #IndianMOC #AIESL #AirIndia #Indigo #BoeingGlobalServices #AirbusMROservices #IndianCivilAviationMinistry #IndiaMROsector #globalMro #MRO #mrobtnews #mronews #aerospace #aircarftengineers #aircrafttechnician #aerospacemarket #aerospaceengineers #aviationindustry #AviationSector #IndianMROindustrygrowth #IndianAviationsector #IndianCivilAviation #Ministrycivilaviation #IndiaMROsector #domesticairlines #IndianProactiveFederalMinister #Indianparliament #aircraft #makingindia Read More: https://lnkd.in/d5ZsChVS

India is on its path to becoming a 🌍global MRO aviation hub, aiming to double the size of its MRO industry by 2031.✈️✈️ Read full story on MRO Business Today.

India's aviation sector soars past pre-pandemic heights as the underserved market undergoes a transformative phase. Airports across the nation witnessed a remarkable recovery, surpassing pre-COVID traffic levels. This surge aligns with India's ambitious Amritkaal plans to expand its airport network from 74 in 2013-14 to over 250 by 2030. To fuel this expansion, the government has allocated a staggering $11 billion to construct new airports and modernise existing ones, aiming to have around 200 operational airports within five years, up from 150 today. India's aircraft fleet is set for a meteoric rise, growing from 713 to over 2,000 within the next decade, cementing its position as the world's largest aircraft purchaser after the US and China. The skies are clear for India's aviation renaissance. India is standing at an inflexion point and is going to take a quantum leap during its “Amritkaal" period. Vikas Khemani; Manoj Bahety; Swati Khemani #AviationSector #AirTraffic #Airports #Aircrafts #Aviation The Economic Times

🚀 Exciting news as Air India takes the lead in the A.I. revolution within the Indian aviation sector! 🛫 With advancements in technology and economy, we're witnessing a significant transformation as IndiGo and Akasa also ramp up their fleets. Could this be the dawn of a new era for Indian aviation? 🌟 #AirIndia #IndianAviation #AIRevolution #IndiGo #Akasa #AviationInnovation🛩️✈️🌏 https://lnkd.in/d_32uHVT

#India is tipped to be global #powerhouse of #aviation and will need 2,840 new #aircraft, 41,000 #pilots, and 47,000 #technicalstaff in the next 20 years and in sync with these figures #Airbus plans to double its #sourcing from India to $1.5 billion from the current $750 million in the next 10 years as per #Airbus' latest #forecast. Airbus received 750 aircraft orders in 2023 and delivered 75 aircraft to Indian operators with 41 to IndiGo (InterGlobe Aviation Ltd), 14 to Vistara - TATA SIA Airlines Ltd. and one to GO FIRST. While speaking at #wingsindia2024 Rémi Maillard emphasized on the role of #A350 as a #catalyst in the bringing about a #revolution in India's long-haul #internationaltravel. Airbus has delivered six #A350 planes to Air India Limited India in 2023. India will remain the fastest-growing economy in the world, with an annual growth rate of 6.2% for the next 20 years and power global aviation over the next few decades and that the forecast for the country's aviation market indicates a significant demand for new aircraft. Government of India Wings India 2024 FICCI NITI Aayog Official Narendra Modi Jyotiraditya M Scindia Manoj Mehta Laurie Alder Ashish Singhal Neha Vij N. Chandrasekaran Campbell Wilson Nipun Aggarwal Rohit Tomar Seema Vedak Veena Chawla Rinaldo Rhine #aviationhub #aerospacehub #MROhub #newaircraft #fleetmodernization #aviationrevolution #airtravel #safetravel #travelhub

India's First Aircraft Passenger Seat. This is much required for growing Indian Aviation.

India will need 2,840 new aircraft and 41,000 pilots as well as 47,000 technical staff in the next 20 years, Rémi Maillard, President and Managing Director of Airbus India and South Asia. Addressing a press conference on the sidelines of the aviation conclave and exhibition, Wings India 2024, Maillard said Airbus will double its sourcing from India to USD 1.5 billion by the end of the decade from the existing USD 750 million. He said that last year Airbus got orders for 750 aircraft and delivered 75 units to Indian carriers — 41 to Indigo, 19 to Air India, 14 to Vistara and one to Go First. "India is a force that will power global aviation over the next decades...The forecast is that India will require 2,840 new aircraft over the next 20 years to serve the needs of its growing aviation market," he said. He further said that the A350 aircraft is the catalyst of the revolution in international travel in India and already six of those planes were delivered to Air India last year. Maillard predicted that in the next 20 years India will remain the fastest growing economy in the world with 6.2 per cent growth annually. #airbus #pilots #thepilotin #airindia #airindiaexpress #akasaair #aviationnews #civilaviation #growth #aviators #aviationworld #aviationgeek #aviations #aircraft

India will need 2,840 new aircraft and 41,000 pilots as well as 47,000 technical staff in the next 20 years, Rémi Maillard, President and Managing Director of Airbus India and South Asia. Addressing a press conference on the sidelines of the aviation conclave and exhibition, Wings India 2024, Maillard said Airbus will double its sourcing from India to USD 1.5 billion by the end of the decade from the existing USD 750 million. He said that last year Airbus got orders for 750 aircraft and delivered 75 units to Indian carriers — 41 to Indigo, 19 to Air India, 14 to Vistara and one to Go First. "India is a force that will power global aviation over the next decades...The forecast is that India will require 2,840 new aircraft over the next 20 years to serve the needs of its growing aviation market," he said. He further said that the A350 aircraft is the catalyst of the revolution in international travel in India and already six of those planes were delivered to Air India last year. Maillard predicted that in the next 20 years India will remain the fastest growing economy in the world with 6.2 per cent growth annually. #airbus #pilots #thepilotin #airindia #airindiaexpress #akasaair #aviationnews #civilaviation #growth #aviators #aviationworld #aviationgeek #aviations #aircraft

An update on the booming aviation industry in India with a focus on how growth in this region may impact the #MiddleEast. Hear from industry leaders to understand the drivers for growth and what challenges and opportunities this presents to #suppliers in the Middle East. Do regional players expect reduced MRO outsourcing from Indian airlines and what impact might this have? Is there going to be a shift in talent flow from India as domestic #MROs and other facilities start to recruit local talent? Aviation Week Network AAR GMR Aero Technic #MROME #AviationWeek #MROIndia #OEMs #Conference

🏆 Proud statistics for Indian Aviation 🏆 Over 1150 aircrafts ordered by Indian carriers in past 15 months. This, combined with increasing global connectivities will further fuel the growth of Indian aviation. I am confident that India will see more than 12% Pax growth in next 10 years. #Indigo #AirIndia #Akasa #IndianAviation #IndianAirports #AviationNews