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Caneus International in association with MRO Association of India and MM Activ Sci-Tech Communications, has announced an exhibition for Aviation Maintenance, Repair and Overhaul (MRO) companies, which will be held on December 1 and 2.
It will be held in Bengaluru and is aimed at attracting key stakeholders from across the globe including MROs, airlines, defence forces, State and Central Government policy makers, regulators, manufactures, supply chain managers, legal experts, consultants, IT solution providers, training organizations, MRO domain experts, industry associations and others having interest in the MRO sector from India and overseas, company officials said.
India's current commercial airline MRO market size is estimated to be around $800 million, with major Indian carriers placing orders for several hundred aircraft the MRO value is expected to go up. Further, the Indian civil aviation industry is amongst the top 10 global countries with a size of $16 billion and is likely to see investments totaling US$ 21.1 billion during 2012-17 of which $9.3 billion is expected to come from the private sector.
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