India Aircraft Maintenance, Repair, and Overhaul (MRO) Market
Description
India Aircraft Maintenance, Repair, and Overhaul (MRO) Market, By MRO Type (Airframe, Component, Engine, Line); By Fleet Type (Widebody Jet, Narrowbody Jet, Turboprop, Regional Jet); By Region (East India, West India, South India, North India), Trend Analysis, Competitive Landscape & Forecast, 2019–2031India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Soars to Reach USD 3.9 Billion by 2031
India Aircraft Maintenance, Repair, and Overhaul (MRO) Market is booming primarily due to a surging number of air passengers, increasing fleet size, and the government’s supportive policies.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Aircraft Maintenance, Repair, and Overhaul (MRO) Market size by value at USD 2.17 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects India Aircraft Maintenance, Repair, and Overhaul (MRO) Market size to boom at a significant CAGR of 8.54%, reaching a value of USD 3.86 billion by 2031. The growth of India Aircraft Maintenance, Repair, and Overhaul (MRO) Market is driven by a significant surge in the number of air passengers, increasing fleet size, and the Indian central government’s supportive policies for the growth of the country’s aviation industry. The Indian civil aviation industry is one of the world’s fastest growing, with 15% yearly growth in air passengers (pre-COVID), the current strength of approximately 713 commercial aircraft, and more than 1,000 aircraft expected to be included in the coming years. It, in turn, would make India the third largest buyer of commercial airplanes, after the United States and China. A significant growth in the number of air passengers is estimated to make India the third largest air passenger market across the globe. The Indian government’s the MRO Policy 2021, National Civil Aviation Policy 2016, rationalization of GST, and the removal of Gross Turnover Tax (GTO) are expected to further boost the growth of India Aircraft Maintenance, Repair, and Overhaul (MRO) Market over the forecast period.
Opportunity – Digital Transformation and Operations Modernization
The India-based MRO service providers’ rapid adoption of digital solutions to modernize operations could be a major growth driver for India Aircraft Maintenance, Repair, and Overhaul (MRO) Market. Artificial intelligence (AI), machine learning (ML), and predictive analytics help companies to detect patterns, predict threats, and automate responses with greater accuracy and speed. By leveraging machine learning and big data, companies can assess operational and MRO risks in real time. This enhances decision-making and reduces human error. As digital ecosystems expand, AI-driven tools, systems, and equipment offer scalable, proactive risk solutions, making them essential for enterprises seeking real-time data for efficient decision-making.
Airframe Maintenance Segment Dominates India Aircraft MRO Market
The airframe maintenance segment holds the largest market share of India Aircraft Maintenance, Repair, and Overhaul (MRO) Market by MRO type, due to the India-based MROs’ competency in offering airframe maintenance services. Currently, airlines get component and engine MROs from the providers based primarily in France, Sri Lanka, Germany, Jordan, Malaysia, Singapore, Turkey, UAE, and United States.
South India to Grow Fastest CAGR in India Aircraft MRO Market
South India accounts for the major market share and is also expected to grow at the fastest CAGR in India Aircraft Maintenance, Repair, and Overhaul (MRO) Market among the regions. Key South Indian cities, Hyderabad, Chennai, and Bengaluru, are home to major domestic and international airports and also the facilities of key MRO service providers, such as AirWorks India, Air India Engineering Services Ltd (AIESL), GMR Aero Technic, SpiceJet Technic, and Turbo Jet Engines Private Limited. Hyderabad, in particular, is evolving as a significant destination for MRO providers. For instance, in November 2025, Safran Aircraft Engine Services India (SAESI), one of the first global MRO hubs for LEAP (Leading Edge Aviation Propulsion) engines that are used in Airbus A320neo & Boeing 737 MAX), was inaugurated at the GMR Aerospace Park in Hyderabad, Telangana.
Impact of Escalating Geopolitical Tensions on India Aircraft Maintenance, Repair, and Overhaul (MRO) Market
Escalating geopolitical tensions could significantly impact India Aircraft Maintenance, Repair, and Overhaul (MRO) Market by increasing uncertainties across air traffic, air passengers’ travel plans, tourism, financial, trade, and supply chain domains. Rising global conflicts and protectionist policies heighten exposure to currency volatility, inflation, and capital outflows. These risks compel Indian enterprises to adopt more robust frameworks. Regulatory bodies and MROs are also intensifying monitoring efforts to mitigate risks associated with uncertainties across the world.
Competitive Landscape
India Aircraft Maintenance, Repair, and Overhaul (MRO) Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include AIESL (Air India Engineering Services Ltd), The Air Works Group, Bird ExecuJet Airport Services Pvt Ltd, Deccan Charters Ltd, GE Aviation India, GMR Aero Technic (GAT), Hindustan Aeronautics Limited (HAL), Indamer Aviation Private Limited, Lufthansa Technik Services India, Max MRO Services Pvt Ltd, Taj Air, and Taneja Aerospace & Aviation Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in India Aircraft Maintenance, Repair, and Overhaul (MRO) Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and India Aircraft Maintenance, Repair, and Overhaul (MRO) Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Aircraft Maintenance, Repair, and Overhaul (MRO) Market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Maintenance, Repair and Overhaul (MRO) operations play an important role in ensuring airworthiness and availability of aircrafts for the commercial and defense aviation sectors.
With a current fleet size of about 713 aircrafts and more than a 1000 aircrafts planned to be added in the near future, India is poised to become the third largest buyer of commercial planes after US and China. As a consequence of rising fleet size and conducive government policies, the Indian aerospace industry has emerged as one of the fastest expanding markets globally. Buoyed by an annual passenger growth of 15% (pre-COVID), the Indian aviation sector is expected to become the third largest air passenger market by 2024.
India Aircraft Maintenance, Repair, and Overhaul (MRO) Market is booming primarily due to a surging number of air passengers, increasing fleet size, and the government’s supportive policies.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Aircraft Maintenance, Repair, and Overhaul (MRO) Market size by value at USD 2.17 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects India Aircraft Maintenance, Repair, and Overhaul (MRO) Market size to boom at a significant CAGR of 8.54%, reaching a value of USD 3.86 billion by 2031. The growth of India Aircraft Maintenance, Repair, and Overhaul (MRO) Market is driven by a significant surge in the number of air passengers, increasing fleet size, and the Indian central government’s supportive policies for the growth of the country’s aviation industry. The Indian civil aviation industry is one of the world’s fastest growing, with 15% yearly growth in air passengers (pre-COVID), the current strength of approximately 713 commercial aircraft, and more than 1,000 aircraft expected to be included in the coming years. It, in turn, would make India the third largest buyer of commercial airplanes, after the United States and China. A significant growth in the number of air passengers is estimated to make India the third largest air passenger market across the globe. The Indian government’s the MRO Policy 2021, National Civil Aviation Policy 2016, rationalization of GST, and the removal of Gross Turnover Tax (GTO) are expected to further boost the growth of India Aircraft Maintenance, Repair, and Overhaul (MRO) Market over the forecast period.
Opportunity – Digital Transformation and Operations Modernization
The India-based MRO service providers’ rapid adoption of digital solutions to modernize operations could be a major growth driver for India Aircraft Maintenance, Repair, and Overhaul (MRO) Market. Artificial intelligence (AI), machine learning (ML), and predictive analytics help companies to detect patterns, predict threats, and automate responses with greater accuracy and speed. By leveraging machine learning and big data, companies can assess operational and MRO risks in real time. This enhances decision-making and reduces human error. As digital ecosystems expand, AI-driven tools, systems, and equipment offer scalable, proactive risk solutions, making them essential for enterprises seeking real-time data for efficient decision-making.
Airframe Maintenance Segment Dominates India Aircraft MRO Market
The airframe maintenance segment holds the largest market share of India Aircraft Maintenance, Repair, and Overhaul (MRO) Market by MRO type, due to the India-based MROs’ competency in offering airframe maintenance services. Currently, airlines get component and engine MROs from the providers based primarily in France, Sri Lanka, Germany, Jordan, Malaysia, Singapore, Turkey, UAE, and United States.
South India to Grow Fastest CAGR in India Aircraft MRO Market
South India accounts for the major market share and is also expected to grow at the fastest CAGR in India Aircraft Maintenance, Repair, and Overhaul (MRO) Market among the regions. Key South Indian cities, Hyderabad, Chennai, and Bengaluru, are home to major domestic and international airports and also the facilities of key MRO service providers, such as AirWorks India, Air India Engineering Services Ltd (AIESL), GMR Aero Technic, SpiceJet Technic, and Turbo Jet Engines Private Limited. Hyderabad, in particular, is evolving as a significant destination for MRO providers. For instance, in November 2025, Safran Aircraft Engine Services India (SAESI), one of the first global MRO hubs for LEAP (Leading Edge Aviation Propulsion) engines that are used in Airbus A320neo & Boeing 737 MAX), was inaugurated at the GMR Aerospace Park in Hyderabad, Telangana.
Impact of Escalating Geopolitical Tensions on India Aircraft Maintenance, Repair, and Overhaul (MRO) Market
Escalating geopolitical tensions could significantly impact India Aircraft Maintenance, Repair, and Overhaul (MRO) Market by increasing uncertainties across air traffic, air passengers’ travel plans, tourism, financial, trade, and supply chain domains. Rising global conflicts and protectionist policies heighten exposure to currency volatility, inflation, and capital outflows. These risks compel Indian enterprises to adopt more robust frameworks. Regulatory bodies and MROs are also intensifying monitoring efforts to mitigate risks associated with uncertainties across the world.
Competitive Landscape
India Aircraft Maintenance, Repair, and Overhaul (MRO) Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include AIESL (Air India Engineering Services Ltd), The Air Works Group, Bird ExecuJet Airport Services Pvt Ltd, Deccan Charters Ltd, GE Aviation India, GMR Aero Technic (GAT), Hindustan Aeronautics Limited (HAL), Indamer Aviation Private Limited, Lufthansa Technik Services India, Max MRO Services Pvt Ltd, Taj Air, and Taneja Aerospace & Aviation Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in India Aircraft Maintenance, Repair, and Overhaul (MRO) Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and India Aircraft Maintenance, Repair, and Overhaul (MRO) Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Aircraft Maintenance, Repair, and Overhaul (MRO) Market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Maintenance, Repair and Overhaul (MRO) operations play an important role in ensuring airworthiness and availability of aircrafts for the commercial and defense aviation sectors.
With a current fleet size of about 713 aircrafts and more than a 1000 aircrafts planned to be added in the near future, India is poised to become the third largest buyer of commercial planes after US and China. As a consequence of rising fleet size and conducive government policies, the Indian aerospace industry has emerged as one of the fastest expanding markets globally. Buoyed by an annual passenger growth of 15% (pre-COVID), the Indian aviation sector is expected to become the third largest air passenger market by 2024.
Table of Contents
140 Pages
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Surge in Air Passenger Traffic
- Expansion of Civil Aviation Industry
- Government’s Supportive Policies
- Restraints
- High Initial Capital Costs
- Fragmented Aircraft Maintenance, Repair, and Overhaul (MRO) Infrastructure
- Opportunities
- Adoption of Digital and Advanced Technologies
- Rising Demand for MROs
- Challenges
- Regulatory Compliance
- Shortage of Skilled Aircraft Maintenance, Repair, and Overhaul (MRO) Professionals
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- India Aircraft Maintenance, Repair, and Overhaul (MRO) Market: Marketing Strategies
- India Aircraft Maintenance, Repair, and Overhaul (MRO) Market: Pricing Analysis
- India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Overview
- Market Size & Forecast, 2019–2031
- By Value (USD Million)
- Market Share & Forecast
- By MRO Type
- Airframe
- Component
- Engine
- Line
- By Fleet Type
- Widebody Jet
- Narrowbody Jet
- Turboprop
- Regional Jet
- By Region
- East India
- West India
- South India
- North India
- Competitive Landscape
- List of Key Players and Their Offerings
- India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Company Market Share Analysis, 2024
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- Impact of Escalating Geopolitical Tensions on India Aircraft Maintenance, Repair, and Overhaul (MRO) Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- AIESL (Air India Engineering Services Ltd)
- The Air Works Group
- Bird ExecuJet Airport Services Pvt Ltd
- Deccan Charters Ltd
- GE Aircraft India
- GMR Aero Technic (GAT)
- Hindustan Aeronautics Limited (HAL)
- Indamer Aircraft Private Limited
- Lufthansa Technik Services India
- Max MRO Services Pvt Ltd
- Taj Air
- Taneja Aerospace & Aircraft Ltd
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 India Aircraft Maintenance, Repair, and Overhaul (MRO) Segmentation
- Figure 2 India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By Value (USD Million), 2019–2031
- Figure 5 India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By MRO Type, By Value, 2019–2031
- Figure 6 India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By Fleet Type, By Value, 2019–2031
- Figure 7 India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By Region, 2019–2031
- Figure 8 North India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By MRO Type, By Value, 2019–2031
- Figure 9 North India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By Fleet Type, By Value, 2019–2031
- Figure 10 South India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By MRO Type, By Value, 2019–2031
- Figure 11 South India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By Fleet Type, By Value, 2019–2031
- Figure 12 East India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By MRO Type, By Value, 2019–2031
- Figure 13 East India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By Fleet Type, By Value, 2019–2031
- Figure 14 West India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By MRO Type, By Value, 2019–2031
- Figure 15 West India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Share, By Fleet Type, By Value, 2019–2031
- List of Tables
- Table 1 India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By Value (USD Million), 2019–2031
- Table 2 India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By MRO Type, By Value, 2019–2031
- Table 3 India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By Fleet Type, By Value, 2019–2031
- Table 5 India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By Region, By Value, 2019–2031
- Table 6 North India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By MRO Type, By Value, 2019–2031
- Table 7 North India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By Fleet Type, By Value, 2019–2031
- Table 8 South India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By MRO Type, By Value, 2019–2031
- Table 9 South India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By Fleet Type, By Value, 2019–2031
- Table 10 East India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By MRO Type, By Value, 2019–2031
- Table 11 East India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By Fleet Type, By Value, 2019–2031
- Table 12 West India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By MRO Type, By Value, 2019–2031
- Table 13 West India Aircraft Maintenance, Repair, and Overhaul (MRO) Market Size, By Fleet Type, By Value, 2019–2031
- Table 14 AIESL (Air India Engineering Services Ltd) Company Overview
- Table 15 AIESL (Air India Engineering Services Ltd) Financial Overview
- Table 16 The Air Works Group Company Overview
- Table 17 The Air Works Group Financial Overview
- Table 18 Bird ExecuJet Airport Services Pvt Ltd Company Overview
- Table 19 Bird ExecuJet Airport Services Pvt Ltd Financial Overview
- Table 20 Deccan Charters Ltd Company Overview
- Table 21 Deccan Charters Ltd Financial Overview
- Table 22 GE Aircraft India Company Overview
- Table 23 GE Aircraft India Financial Overview
- Table 24 GMR Aero Technic (GAT) Company Overview
- Table 25 GMR Aero Technic (GAT) Financial Overview
- Table 26 Hindustan Aeronautics Limited (HAL) Company Overview
- Table 27 Hindustan Aeronautics Limited (HAL) Financial Overview
- Table 28 Indamer Aircraft Private Limited Company Overview
- Table 29 Indamer Aircraft Private Limited Financial Overview
- Table 30 Lufthansa Technik Services India Company Overview
- Table 31 Lufthansa Technik Services India Financial Overview
- Table 32 Max MRO Services Pvt Ltd Company Overview
- Table 33 Max MRO Services Pvt Ltd Financial Overview
- Table 34 Taj Air Company Overview
- Table 35 Taj Air Financial Overview
- Table 36 Taneja Aerospace & Aircraft Ltd Company Overview
- Table 37 Taneja Aerospace & Aircraft Ltd Financial Overview
Pricing
Currency Rates
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