The establishment of an MRO facility at the Noida international airport in Jewar will now be sped up, according to the Yamuna Expressway Industrial Development Authority (Yeida), a day after the Uttar Pradesh cabinet approved the policy for MRO of aircraft.
According to officials, as part of the work to be done in phase one of the airport project at Jewar, the first MRO facility in the state will be built on 40 acres. The facility where aircraft maintenance, repair, and overhauling will occur will be developed by Yamuna International Private Limited, the special purpose vehicle formed for the development of the airport.
According to officials, selecting the company that will build the facility took longer because the state didn’t have a policy for MROs.
“The corporation will shortly be completed with the approval of the policy by the state cabinet.” According to Arun Vir Singh, CEO of Yeida, it will be the first MRO hub in the state and serve both domestic and foreign markets.
Noida Airport as MRO hub in India
Officials claim that at least ten companies have expressed interest in establishing the MRO facility, but the absence of a policy hampered negotiations.
By September 29, 2024, when the Noida airport is scheduled to open, the MRO facility will be operational, according to Singh.
Two MRO hubs will be located at Jewar on the Yamuna Expressway. According to officials, phase 2 of the airport project will see the development of the second MRO, for which Yeida is buying 1,365 hectares of land.
A policy for the establishment of aircraft maintenance, repair, and overhaul (MRO) facilities in Uttar Pradesh was approved by the state cabinet in Lucknow on Tuesday. According to officials, planes are currently transferred to countries like Singapore and Dubai for expensive and time-consuming maintenance because India does not have MRO facilities.
Some MRO projects are completed in Bangalore and Hyderabad, India. There is a chance that the state would build MRO facilities, and there are signs that India’s fleet may grow by 1,000 additional planes by 2026.
A significant number of jobs will be created and revenue generation facilitated as a result of the development of MRO facilities in the state. According to Yeida officials, this would also boost micro, small, and medium-sized businesses and conserve foreign currency.
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