Last year, the global spending on maintenance, repair and overhaul (MRO) of aircraft was estimated at 90 billion dollars. By 2029, this is expected to rise to $125 billion given that main - tenance, repair and overhaul usually accounts for 8-10% of an airline’s cost. The way Indian airlines’ fleet strength is growing annually, by the year 2030 we are likely to have the second-largest fleet of civilian aircraft after China. With this, the size of MRO of India’s domestic and imported aircraft is set to grow an - nually to Rs 25,000 crore in the next five years, and to Rs 36,000 crore once the fleet size reaches 2,000.
