New Delhi, Jan. 27 -- Revenue of the domestic aircraft maintenance, repair and overhaul (MRO) industry will surpass Rs 4,500 crore in fiscal 2026, clocking an impressive 50 per cent growth over fiscal 2024, said Crisil Ratings in a report.

The increase in scale is expected to enhance profitability margins, besides strengthening credit profiles.

According to the rating agency, this growth in MRO space will be fueled by fresh demand for maintenance services emanating from rising operating fleet size of Indian aircraft carriers - expected to grow by up to 20-25 per cent by next year.

It will be aided by new aircraft getting added and grounded aircraft (post-engine-related issues) resuming operations.

Additionally, the reduction in Goods ...