The government on Thursday announced a new policy for Maintenance, Repair and Overhaul (MRO) activities.
Civil Aviation Minister Jyotiraditya Scindia said the aim is to make India a global hub for MRO.
Discussions are also going on for convergence between civil and military works with respect to MRO, he told reporters here.
To boost MRO activities, the government has selected eight airports, including Delhi and Kolkata, for such works and to attract investments.
Raymond Lifestyle Q3 Profit Falls To ₹429 Crore Despite 5% Revenue Growth To ₹1,849 Crore, Impacted By One-Time Labour Code Costs
UGC Equity Rules Spark Row As Upper Caste Students Call Protest Outside Commission HQ In Delhi
Mumbai Tragedy Video: 3-Year-Old Girl Dies In Vikhroli After Loudspeaker Collapse Due To Negligence; CCTV Footage Goes Viral
Watch: Niagara Falls Freezes At -20°C As Mist Turns Water To Ice After Polar Vortex Hit The Region
The government has been making efforts to bolster MRO activities in the country. Currently, most of such works are done outside the country.
In March last year, the GST Council decided to reduce the GST on MRO services to 5 per cent from 18 per cent.
