MRO Association of India is organizing the Seventh Edition of India’s Only MRO Forum, Aero MRO India Aerospace & Defence in New Delhi, December 4th & 5th , 2019.
This Bespoke B2B Conference and Exhibition has drawn the attention of Stakeholders from India and oversees and Ministries and Regulators since its inception in 2011.
Over the years, India’s Only MRO Forum has addressed by Ministers, Bureaucrats, Military Leaderships, CMDs, CEOs and Industry Captains and Experts on various facets of the MRO Industry of India. Aero MRO India A&D 2019 will focus on a theme which is very relevant for the growth of an industry’s ecosystem, “OEM Support to India.”
This year’s edition will also open an opportunity to SME vendors to the MRO Industry to show case their products and services thereby helping in developing a robust ecosystem for the Indian MRO Industry. We encourage SME vendors to participate in Aero MRO India A&D 2019 at a very nominal fee.
The current market size of the MRO industry in India is assessed at about US$900 million which is expected to reach US$1.2 billion by 2020. India has the potential to become the third largest aviation market by 2022. India has long been viewed with interest from MROs globally seeking a valuable gateway between the Middle East and Asia-Pacific.
The MRO market in India is expected to grow at 7.7% annually over the next decade, which is more than three times the global rate. This demand is being driven by a fleet growing at 9.9% annually, from around 620+ in August 2019 to a projected fleet of over 2,300 in FY 2040. With over 1000 aircraft currently on order, India is likely to become the third largest buyer of commercial passenger planes in the world, only behind the US and China.
The event has been looked up to by the Government Agencies the Defence Forces, Airlines, MROs, Supply Chain Managers, leasing and Finance firms, Legal Firms, Trade Bodies, Equipment Suppliers, Tooling Companies, State Governments, Airport Developers and Operators and many more. The two-day conference includes topics such as OEM Support to Indian MRO, Regulatory Framework, Issues relating to Customs, GST impact on MRO industry, Skill Development, Civil Military Cooperation, Panel Discussions on various topics pertaining to the growth of Indian industry.