Change in Policy Gives Fillip to MRO Industry

Maintenance, Repair and Overhaul (MRO) industry will now be considered as part of the sub-sector of airport in the transport sector infrastructure for the purpose of External Commercial Borrowings (ECBs) in accordance with a policy change announced by RBI Circular No. 85 dated January 6, 2014. Consequently, the MRO industry which is a nascent vertical… Read More

Tags: Aircraft maintenance, Aviation, Business, India, Maintenance repair and operations, MRO, Transportation and Logistics, United State