Growth in Aerospace and Defense activities in India will increase demand for aftermarket services like MRO and Training. Indian MRO industry is expected to grow at a CAGR of 10.2% and touch USD 1.5 billion by 2018.
In the absence of a third-party MRO within a flying distance of 5 hours, Indian aircrafts fly to facilities in South East Asia, Middle East and Europe for maintenance.
GMR Aerospace & Industrial Park intends to deliver enhanced value to airlines through a fully integrated MRO value chain, the GMR Aerospace & Industrial Park already has an airframe MRO and is looking to house, component and engine MRO facilities at the park.
Airframe MRO – As a first step in creating MRO hub, GMR Aerospace Engineering Company Ltd., the 100% subsidiary of GMR Hyderabad International Airport Ltd. Located within GMR Aerospace & Industrial Park. This facility has 2 narrow body bays to perform up to D-check on B737 and A320, 1 wide body bay performing up to C-check on B777 and A330 and a paint hangar for narrow body aircrafts. This facility is operational since 1st November 2011.
Component MRO – GMR Aerospace & Industrial Park is currently looking to develop component MRO focusing on mechanical, avionics, pneumatic, hydraulic, electronic components; seats; landing gears; wheels and breaks etc. for commercial aircrafts.
Engine MRO – The need for engine MRO is already being felt with the increase in aircraft fleet in the country. We intend to develop an engine overhaul shop with engine parts. Companies in Engine MRO are showing interest to come to GMR Aerospace & Industrial Park.
Business Jet MRO – GMR Aerospace & Industrial Park has earmarked land to locate a business jet MRO to service the growing population of business jets in India and the region.