Global aerospace major Boeing on Thursday said that the "challenges for MRO" (maintenance, repair or overhaul) sector in India are infrastructure and land acquisition.
"The challenges for MRO are infrastructure, finding land, land acquisition, the higher duties on spare parties etc," said Dinesh Keskar, Senior Vice President Asia Pacific and India Sales, Boeing at the 'Aerospace and Defence MRO South Asia Summit 2018'.
"One out of every 20 aeroplanes sold worldwide is to India. That shows the magnanimity of the available opportunity in the country.
The market is here, the growth is here and people (skilled workforce) are here. This opportunity in MRO should be tapped in time," he said.
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