The exponential rise in aircraft acquisition by domestic passenger carriers has the potential to boost the local maintenance, repair and overhaul (MRO) industry in India, the association for the sector has said.
The industry's potential was revealed by Pulak Sen, secretary general of the MRO Association of India, who was speaking on Friday at the curtain raiser event for the first edition of international networking conference and exhibition-- IndiaMRO.
According to Sen, the sector has a promising future as 1,200 new aircraft would be acquired by domestic airlines by 2020 and aviation equipment worth $20 billion will be bought by the Indian armed forces in the next five to seven years.
23/05/15 IANS/Business Standard
To Read the News in full at Source, Click the Headline
The industry's potential was revealed by Pulak Sen, secretary general of the MRO Association of India, who was speaking on Friday at the curtain raiser event for the first edition of international networking conference and exhibition-- IndiaMRO.
According to Sen, the sector has a promising future as 1,200 new aircraft would be acquired by domestic airlines by 2020 and aviation equipment worth $20 billion will be bought by the Indian armed forces in the next five to seven years.
23/05/15 IANS/Business Standard
