oem support to indian mroaeromro.in/pdf/amiad19 brochure.pdf · oem support to indian mro the...

4
2019 OEM Support to Indian MRO th th 4 & 5 December 2019 | Hotel Pride Plaza | Aerocity, New Delhi

Upload: others

Post on 13-May-2020

7 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: OEM Support to Indian MROaeromro.in/PDF/AMIAD19 Brochure.pdf · OEM Support to Indian MRO The passenger traffic is expected to grow six-fold to around 1.1 billion. India has one

2019

OEM Support to Indian MRO

th th4 & 5 December 2019 | Hotel Pride Plaza | Aerocity, New Delhi

Page 2: OEM Support to Indian MROaeromro.in/PDF/AMIAD19 Brochure.pdf · OEM Support to Indian MRO The passenger traffic is expected to grow six-fold to around 1.1 billion. India has one

2019

Introduction

Aero MRO India Aerospace & Defence 2019

MRO Association of India is organizing the Seventh Edition of India's Only MRO Forum, Aero th th

MRO India Aerospace &Defence in New Delhi, December 4 & 5 , 2019.

This Bespoke B2B Conference and Exhibition has drawn the attention of Stakeholders from India and oversees and Ministries and Regulators since its inception in 2011.

Over the years India's Only MRO Forumhasaddressed by Ministers, Bureaucrats, Military Leaderships, CMDs, CEOs and Industry Captains and Experts on various elements of the MRO Industry of India.

Aero MRO India A&D 2019 will focus on a theme which is very relevant for the growth of an industry's ecosystem, “OEM Support to India.”

The current market size of the MRO industry in India is assessed at about $900 million whichis expected to reach $1.2 billion by 2020. India has the potential to become the third largestaviation market by 2022. India has long been viewed with interest from MROs globally seeking a valuable gateway between the Middle East and Asia-Pacific.

The MRO market in India is expected to grow at 7.7% annually over the next decade, which is more than three times the global rate. This demand is being driven by a fleet growing at 9.9% annually, from around 620+ in August 2019 to a projected fleet of over 2,300 in FY 2040. With over 1000 aircraft currently on order, India is likely to become the third largest buyer of commercial passenger planes in the world, only behind the US and China.

The event has been looked up to by the Government Agencies the Defence Forces, Airlines, MROs, Supply Chain Managers, leasing and Finance firms, Legal Firms, Trade Bodies, Equipment Suppliers, Tooling Companies, State Governments, Airport Developers and Operators and many more. The two-day conference includes topics such as OEM Support to Indian MRO, Regulatory Framework, Issues relating to Customs, GST impact on MRO industry, Skill Development, Civil Military Cooperation, Panel Discussions on various topics pertaining to the growth of Indian industry.

Page 3: OEM Support to Indian MROaeromro.in/PDF/AMIAD19 Brochure.pdf · OEM Support to Indian MRO The passenger traffic is expected to grow six-fold to around 1.1 billion. India has one

OEM Support to Indian MRO

The passenger traffic is expected to grow six-fold to around 1.1 billion. India has one of the largest aircraft order books currently with pending deliveries of over 1000 aircraft. Its commercial airline feet are likely to grow from 622 in Aug 2019 to around 2359 by March 2040.

India, with a projected fleet of over 2300 commercial aircraft by 2040 and large orders of military aircraft, provides ample justification for global OEMs to consider India as an aircraft manufacturing base.

The 20-30 percent cost advantage in India versus USA allows OEMs to use India as a base for global exports too. NCAP 2016 allows OEMs to claim defense offset credits in lieu of investments in commercial aerospace manufacturing. It also speaks of providing a viability gap funding in case the cost of Made in India aircraft and components work out to be higher than those supplied from their original sources.

The Government needs to engage with the Indian airline industry and global OEMs to facilitate establishment of a robust, globally-competitive aerospace manufacturing hub in India by the year 2040 than being a mere component supplier.

Leasing and MRO lead to a massive outflow of foreign exchange from Indian carriers. These sub-sectors need a massive policy support.

With its growing aircraft fleet size, strategic geographic location, rich pool of engineering expertise and low labor cost, India has a huge potential to be the global Maintenance, Repair and Overhaul (MRO) hub given a long-time perspective.

India has the potential to become the third largest aviation market by 2022. India has long been viewed with interest from MROs globally seeking a valuable gateway between the Middle East and Asia-Pacific. This demand is being driven by a fleet growing at 9.9% annually. With over 1000 aircraft currently on order, India is likely to become the third largestbuyer of commercial passenger aircraft in the world, only behind the US and China. The growth is being boosted by the expansion and development of new airports, fast expanding LCCs, a liberal FDI policy, rising adoption of new technology and focus on regional connectivity etc.

Key challenges

Despite a rising fleet, (the MRO) industry continues to struggle for relevance. The biggest challenge is the severe tax anomaly with foreign jurisdictions. This is despite the widespread appreciation of the fact that, with a fast-expanding fleet, India needs to build a robust domestic MRO eco-system. More so, given the Government's avowed commitment to push for Make in India or Maintain in India.

Airlines will need a complete MRO eco-system in India in order to switch from their current service providers. The OEMs will have to play a pivotal role in developing the MRO eco-system in India.

Investments from foreign OEMs and MROs are subject to dividend tax. These entities have already invested in MRO facilities in India's neighbourhood. An investment in India will cannibalise their own investments and hurt the volume commitments that they may have made to their business partners. OEMs and foreign MROs need to be incentivised to balance out these constraints.

At MRO Association of India’s annul conference and exhibition, Aero MRO India A&D 2019 the focus is on developing more understanding between OEMs and MROs and encouraging small vendors to help create a healthy MRO Ecosystemin India.

2019

The Present Scenario

Page 4: OEM Support to Indian MROaeromro.in/PDF/AMIAD19 Brochure.pdf · OEM Support to Indian MRO The passenger traffic is expected to grow six-fold to around 1.1 billion. India has one

2019

Our Participants in the past....

International ConferenceCEO ConclavePolicy Maker ConclaveWorkshopsRound Table DiscussionExhibitionPartnering ToolAward Night

AirlinesOEMsLeasing CompaniesAviation AuthoritiesRegulatorsAirframeComponentsConsultantsEnginesEquipments

IT-SoftwareLogistics

PartsPersonnelServices

TechnologyTraining

Business DevelopmentContractInteriors

Customer ServiceEngineering

InventoryRepair

MaintenanceMaterials

PurchasingSupply Chain

Technical

Event Highlights Who can Participate

Registration Fee

Category Tariff (Oct 16th- on spot)

Delegate Rs 12,000/US$185

Shell Space

Tradeshow Tariff

Raw SpaceRs 13000 Sq Mtr

Contact Us

MRO Association of India Mr Pulak Sen # 9920775478 | [email protected]

USD 200 Sq Mtr