Hyderabad, Jan. 29 -- Maintenance, Repair and Overhaul (MRO) continues to be a critical pillar of aviation safety and operational efficiency, but India's MRO sector remains at a nascent stage despite strong growth potential, according to a KPMG-FICCI Knowledge report , "Paving the Future of Aviation in Viksit Bharat @ 2047", released at the second day of Wings India here on Thursday.
Infrastructure development is gaining momentum, with an engine MRO facility in Hyderabad and new base maintenance facilities by Indian airlines expected to become operational in the coming years, the report said.
Structural challenges remain, as over 95 per cent of engine and component MRO work is still outsourced overseas, largely due to dependence on foreig...