Indian MRO industry: Business retention and development opportunities pre COVID-19

Abstract

This view point focuses on increasing and retaining Indian MRO market within India by improving the maintenance standard through EASA approved maintenance organizations and by change in existing investment approach. An overview on MRO market demand and the market retention with respect to outsourced services during pre covid-19 is detailed. The existing standard of maintenance with respect to global standards was compared to identify the well-focused training need. Need of EASA framework implementation for maintenance training to improve existing training standard are detailed. Focus to improve leasing and investment approaches in MRO are discussed to retain and increase the MRO market. Effective business retention and focused growth to become a global MRO hub can be achieved by adopting EASA regulatory framework for maintenance training and MRO, supported by the developments in aircraft leasing sector. Addressing the EASA training need and leasing opportunities can be helpful in convincing authorities and market leaders to realize the potential of India to be a global MRO hub. This view point can be thought provoking in retaining the Indian MRO market by addressing the need of EASA standardization in maintenance training with respect to improve the maintenance quality and to attract investment and leasing. Ways of increasing the MRO business through change in existing aircraft leasing approach and need of EASA framework in maintenance training and standardization are provided to convince authorities and market leaders to realize that India can become future global MRO hub.