New Delhi, April 28 -- Government-backed Maintenance, Repair and Overhaul (MRO) company AI Engineering Services Ltd (AIESL) is targeting $1 billion in revenue by 2030. To reach this target, AIESL plans to expand its services by beginning the Passenger-to-Freighter (P2F) conversion segment in the latter half of FY26. The company is on track to achieve the billion-dollar target as the firm has been maintaining constant revenue over the last 3 years, as per the company's CEO Sharad Agarwal.

"We have been maintaining Rs.2,000 crore average revenue from the last three years consistently. We will be able to achieve the $1 billion yearly revenue target by 2030 as we expand our portfolio of services," said Agarwal.

According to AIESL's research...