India’s Aircraft MRO Industry Revenue To Rise 50 Per Cent Next Fiscal, Surpass Rs 4,500 Crore

This will be driven by the reduction in GST input tax, to 5 per cent on all aircraft components, which may lower the component-related expenditure and place Indian MROs on par with their Asian competitors.  This will be driven by the reduction in GST input tax, to 5 per cent on all aircraft components, which may lower the component-related expenditure and place Indian MROs on par with their Asian competitors.   Zee News :Business