https://www.taxtmi.com/news?id=71647 Projected expansion of India's MRO market to 5.7 billion USD by 2030 is driven by fleet and airport capacity growth and enabled by policy reforms such as ratification of the Cape Town Convention, liberalised foreign direct investment, and reductions in GST and customs duties on aviation components. Special economic zones, greenfield airport projects and offset driven reinvestment support manufacturing and leasing, while accelerated logistics, skilled personnel and higher value engine and component overhaul capabilities remain essential to realise the forecast. en-us Fri, 20 Mar 2026 13:46:03 +0530 Fri, 20 Mar 2026 13:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71647 Projected expansion of India's MRO market to 5.7 billion USD by 2030 is driven by fleet and airport capacity growth and enabled by policy reforms such as ratification of the Cape Town Convention, liberalised foreign direct investment, and reductions in GST and customs duties on aviation components. Special economic zones, greenfield airport projects and offset driven reinvestment support manufacturing and leasing, while accelerated logistics, skilled personnel and higher value engine and component overhaul capabilities remain essential to realise the forecast. News - Fri, 20 Mar 2026 13:46:03 +0530 https://www.taxtmi.com/news?id=71647