India’s Defence MRO Sector Set To Take Off Over The Next Few Years

India’s defence Maintenance, Repair, and Overhaul (MRO) sector is poised for significant growth over the next five years, driven by a combination of increasing demand, government initiatives, and the need for indigenization. Here are the key factors shaping this burgeoning market:The Indian defence MRO market is projected to reach approximately $3 billion by 2031, up from around $1.7 billion in
India’s defence Maintenance, Repair, and Overhaul (MRO) sector is poised for significant growth over the next five years, driven by a combination of increasing demand, government initiatives, and the need for indigenization. Here are the key factors shaping this burgeoning market:The Indian defence MRO market is projected to reach approximately $3 billion by 2031, up from around $1.7 billion in
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