Indian aircraft MRO sector to grow 50% in topline by FY26, says Crisil

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Indian aircraft MRO sector to grow 50% in topline by FY26, says Crisil - Business Standard

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The rating agency's study based on three MRO operators, which account for 90 per cent of the industry's revenue, also pointed out that reduction in GST on aircraft components and services not only positions domestic MRO players more competitively with their overseas competitors but also ease their working capital blockage.

The Indian aircraft maintenance, repair and overhaul (MRO)industry is expected to see a 50 per cent topline growth to Rs 4,500 crore in FY26 amid fresh demand triggered by airline operators' expanding fleet size, ratings agency Crisill said on Monday.

Indian MRO players typically provide three types of services -- line checks (undertaken before every take off), air frame checks (every 12-18 months which involves grounding the aircraft for 3-4 weeks) and redelivery checks (at the time of expiry of lease period of 6-7 years).