‘Aircraft MRO push can save India $15-bn forex’

Hyderabad: India could save up to $15 billion in foreign exchange expenses in the coming years by establishing itself as a global hub for aircraft MRO activities, Civil Aviation Minister K Rammohan Naidu said on Wednesday. Speaking at the inauguration of French major Safran’s MRO (maintenance, repair and overhaul) facility in the city, Naidu said the country will become a preferred destination for aircraft maintenance activities. India is one of the world’s fastest-growing civil aviation markets, and domestic airlines have placed orders for more than 1,500 aircraft.