AEROSPACE MRO INDIA
Thales opens avionics MRO facility in Gurugram
French major Thales inaugurated a new avionics MRO facility near Delhi airport in Gurugram. The facility offers maintenance and repair services to Indian airlines such as Air India and IndiGo. Certified by DGCA, it supports the growth of the local aviation industry and aligns with Thales' strategy to expand in India.
India eyes production of homegrown planes: Govt to set up special purpose vehicle for making regional transport aircraft
India is making significant strides toward self-reliance in the aviation sector with plans to establish a Special Purpose Vehicle (SPV) for manufacturing regional aircraft. The government is committed to enhancing skill development and promoting indigenous technologies, such as the Saras Mk2, to create a robust local aviation ecosystem.
Magellan Aerospace inks MoU with Aequs to set up sand-casting unit at Belagavi Aerospace Cluster
The joint venture between the Canadian aerospace systems manufacturer and the Belagavi-headquartered contract manufacturing company will help meet the sand casting demands in the growing aerospace industry.
IIT-incubated startup's air taxis to fly in UAE & Southeast Asia
IIT-Madras incubated ePlane Company partners with Dubai’s Empire Aviation to globalize eVTOL air-taxis and air ambulances across India, UAE, Thailand, and Indonesia. Targeting 2026 for launch, ePlane also secured a $1B air ambulance deal with ICATT.
Safran selects TEAL for the production of LEAP engine turbine parts in India
Safran Aircraft Engines and Titan Engineering and Automation Limited have partnered to produce parts for the LEAP engine's low-pressure turbine in India, starting in 2026. This deal aligns with India's 'Make in India' policy, aiming to strengthen local aerospace growth. Safran is expanding its Indian footprint with a sixth site opening in Hyderabad in 2025.
Soaring high: Tata Advanced Systems expands operations in Karnataka
Tata Advanced Systems Limited is set to expand its operations in Karnataka with a new Maintenance, Repair, and Overhaul facility for the Indian Air Force's C-130J fleet. This move will strengthen India's self-reliance in defense, boost Karnataka's role in the global aerospace supply chain, and support technological growth, job creation, and global collaborations.
- Go To Page 1
Stage set for Aero India-2025; will serve as an inspiration for youth: Rajnath Singh
Defence Minister Rajnath Singh will inaugurate the biennial Aero India show in Bengaluru, showcasing India's aerial prowess with the theme 'The Runway to a Billion Opportunities'. The event will feature advanced fifth-generation fighter aircraft such as the Russian Su-57 and the American F-35 Lightning II, highlighting India's defence capabilities.
Aequs to set up MRO facility this year, plans to hire more people
Aequs plans to enhance its aerospace capabilities and expand into the precision consumer electronics space. The company aims to establish an MRO in collaboration with Canada’s Magellan Aerospace by 2025 and increase its workforce by 1,000 by March 2026.
DGCA working with ICAO, other civil aviation authorities on advanced air mobility
The DGCA is collaborating with ICAO and other aviation authorities to study and integrate advanced air mobility technologies, focusing on eVTOLs. Safety remains a top priority as new regulatory frameworks, infrastructure needs, and various challenges are addressed to ensure seamless integration into national and international airspace.
India, Singapore working on green energy corridor
India and Singapore are strengthening ties by establishing green energy corridors, enhancing partnerships in sectors like green hydrogen and semiconductor manufacturing. Key discussions include setting up data corridors and cooperation in aerospace MRO. Talks also covered Myanmar's situation due to regional security concerns. These initiatives aim to boost sustainable development and economic cooperation.
Unimech Aerospace IPO allotment likely today: Check status, GMP, listing date and other details
The share allotment for the Unimech Aerospace IPO is expected to be finalized later today or tomorrow morning. Investors will receive shares on a lottery basis, with the entire process overseen by the registrar.
Unimech Aerospace IPO has 18 brokerages screaming 'buy' with GMP over 80% on last day, gets 174 times bids
IPO GMP: Unimech Aerospace shares have seen strong demand in the grey market, with the Grey Market Premium surging to Rs 630, nearly 80% higher than the IPO price. The IPO, which closes today, has seen heavy bidding, particularly from qualified institutional buyers and non-institutional investors.
Adani Group expands aviation reach with ?400 crore acquisition of Air Works Group
Adani Defence Systems & Technologies Ltd bought a majority stake in Air Works. The deal is worth ?400 crore. Air Works is India's top private aircraft maintenance company. It services many Indian and international airlines. Adani Group now operates seven airports and a major MRO. This strengthens Adani's position in the Indian aviation sector.
Adani in talks with Bombardier, eyes 'transformative' partnership in aviation, defence sectors
Gautam Adani, Chairman of Adani Group, recently met with Bombardier CEO Eric Martel to explore partnerships in Aircraft Services, Maintenance, Repair, Overhaul (MRO), and Defence. This collaboration is poised to strengthen India's aviation capabilities in line with the "Aatmanirbhar Bharat" initiative. The partnership aims to reduce foreign dependency on MRO services and position India as a key player in the global aircraft maintenance industry. Both companies are committed to advancing the domestic aerospace sector through innovation and strategic investments.
Budget announcement to give a boost to engine overhaul business of MROs
The Indian government's extended period for exporting goods imported for repairs benefited Safran's plan to establish an MRO unit. The consistent 5% GST on aircraft parts also boosted the industry. Safran and Magellan plan to build facilities in the country, further enhancing India's MRO sector's capabilities.
GMR Hyderabad Aviation SEZ signs lease agreement with Safran Aircraft Engines for MRO
GMR Hyderabad Aviation SEZ Ltd has signed a Land Lease Agreement with Safran to lease land in Hyderabad, India for Safran to build and operate an Engine MRO facility for LEAP turbofan engines. Occupying 36,500 sqm of built-up space across 23.5 acres, the facility will have an initial capacity to service 100 engines per annum, gradually increasing to around 300 engines by 2035.
HAL to provide MRO support for General Atomics' MQ-9B drone engines
The HAL and US defence major General Atomics Aeronautical Systems, Inc (GA-ASI), the manufacturer of the MQ-9Bs, announced the collaboration on the MRO (maintenance repair and overhaul) services for the drones on the sidelines of Aero India-2023 at the Yelahanka air base complex.
Adani Defence Systems & Tech to acquire aircraft maintenance, repair and overhaul company Air Works
“Air Works has developed extensive operational capabilities within the country for key defence and aerospace platforms. From the first P-8I aircraft Phase 32 checks to Phase 48 checks and MRO on the landing gear of the Indian Air Force’s 737 VVIP aircraft, Air Works undertakes base maintenance for ATR 42/72, A320 and B737 fleet of aircraft from its EASA and DGCA-certified facilities at Mumbai, Delhi, Hosur and Kochi,” said a statement.
India's MRO sector growing fast, revenues pegged at $975 million
The maintenance, repair and overhaul (MRO) space provides significant growth opportunities, more so because there are not many such facilities in India.
Deal signed for development of occupational map in aviation
The agreement, signed between KPMG India and AASSC, provides for design and development, manufacturing and assembly, airline operations, airport operations and MRO.
Bengaluru International Airport: Second terminal in advanced stage of planning
Work on the second runway and second terminal at the city's Kempegowda Airport is in advanced stage of planning, a top state official said today.
Make in India: Aviation sector pitches to exploit the potential of aircraft MRO business
Industry executives say that high taxes and royalty charged by airports make the levies in India up to 50% higher than the global average.
Want to give separate identity to manufacturing business via demerger: Rakesh Duda, Taneja Aerospace
"We are preparing ourselves for the future. We have given it a distinct identity but at this point in time, we have not tied up with anyone."
Aircraft maintenance, repair and overhaul industry calls for proper policy
Aircraft MRO business is currently worth USD 500 million and is likely to grow over USD 1.5 billion by 2020.
MRO is now the Bermuda Triangle of Indian aviation: S Ravinarayanan, CEO, Axis Aerospace
We should follow the Singapore model and create a top class MRO to cater to global markets than just for India.
GMR venture on aviation facilities to attract service tax: AAR
A tax tribunal has ruled that service tax will apply on the proposed GMR-led joint venture in Special Economic Zone to provide maintenance, repair and overhauling facilities to domestic and foreign airlines.
Global aviation cos' India hub plans may create 6 lakh jobs over 10 years
Plane servicing costs in India are $30-35 per man-hour in India, almost half of around $60 in other locations, attracting more companies to expand and establish their MRO centres in the country.
Global aircraft cos look to set up MRO units in Gujarat
These facilities are likely to be a part of the aerospace and avionics subconclave that the promoters of GVIC are planning to set up in the 2,500-acre SEZ.
Airbus, Boeing, Singapore govt eye Gujarat for MRO units
World’s leading aircraft manufacturers are now eyeing Gujarat to set up their maintenance, repair and overhauling (MRO) facilities.
Load More
