Synopsis
Conversion of passenger planes to freighters is a labour-intensive, high-precision job which requires special skill sets. Once the expertise is in place, Indian aircraft MRO firms can expand their portfolio and bet on cost advantage to compete with global rivals.
In what’s being seen as a boost to Prime Minister Narendra Modi’s ambitious ‘Make in India’ initiative, Boeing last week said it has tied up with domestic aircraft maintenance, repair, and overhaul (MRO) player GMR Aero Technic to build a facility in Hyderabad to convert passenger planes into freighters. “Our cooperation with GMR Aero Technic is not only a testimony of the maturation of Indian MROs in the country to support the vision of
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