MRO Services in India Projected to Reach $5.7 Billion by 2030

India MRO Market to Reach USD 5.7 Billion by 2030 Amid Fleet Expansion​

Strong Growth Expected in Maintenance, Repair, and Overhaul Services​

Singapore, March 20
The demand for Maintenance, Repair, and Overhaul (MRO) services in India is projected to grow significantly, reaching USD 5.7 billion by 2030, up from USD 4.4 billion in 2025, reflecting a compound annual growth rate of 5.4 per cent, according to a report released by a Singapore-based consultancy.

Engine MRO to Drive Nearly Half of Market Expansion​

The report highlighted that engine-related MRO services will contribute nearly half of the overall growth in the sector. In addition, airframe maintenance and aircraft modification services are expected to see notable expansion over the next five years.

The projections were shared by Alan Lim and Joshua Ng, Directors at Alton Aviation Consultancy, who are also aviation industry veterans.

India’s Aircraft Fleet Set for Rapid Expansion​

The study estimates that India’s commercial aircraft fleet will surpass 1,800 aircraft by 2030. A significant portion of this growth will come from narrow-body aircraft, which are expected to increase from over 700 currently to more than 1,300 during the same period.

Airlines Place Orders for Over 500 Aircraft​

According to the consultancy, Indian airlines have already placed orders for more than 500 aircraft scheduled for delivery over the next five years. This surge in fleet size is expected to further accelerate the demand for MRO services across the country.

Airport Infrastructure Expansion to Support Growth​

To support the anticipated rise in air traffic and fleet size, the government has committed to developing more than 100 additional airports over the next six years. This expansion is expected to take the total number of airports in India to over 200 by 2030, aligning with the sector’s long-term growth trajectory.