The Yamuna Expressway Authority (YEIDA) is preparing to initiate a global tender process for the construction of an Aircraft Maintenance, Repair, and Overhaul (MRO) unit at the upcoming Noida International Airport in Jewar. This development is expected to take place by the end of October, as per informed officials.
Under the second phase of the airport project, land is currently being acquired to facilitate the construction of the MRO facility and a dedicated runway at Jewar airport. Approximately 60 percent of the required land has already been procured, with the remainder expected to be acquired in due course. The second phase of the airport project necessitates the acquisition of 1,365 hectares of land in total.
YEIDA officials have also indicated that the land allotment process for this purpose is likely to commence by the end of this year. The ongoing land acquisition process under the second phase has seen significant progress, with nearly 814 hectares of land already secured, which accounts for approximately 60 percent of the land required for the project. This land will be utilized for the establishment of the MRO facility and the dedicated runway.
Arun Vir Singh, CEO of YEIDA, has highlighted the growing aviation sector in India, with the number of passenger aircraft anticipated to increase from the current 600-700 to 2,400-2,500 in the next three to four years. This expansion calls for the establishment of more dedicated MRO facilities to efficiently maintain and repair the burgeoning fleet of planes. Consequently, a state-of-the-art MRO facility will be developed at the Noida International Airport in Jewar during the second phase of the airport project. Additionally, small aviation industrial units will be established near the airport to support the MRO facility.
To further incentivize MRO services, the Uttar Pradesh government has introduced an MRO policy, offering a subsidy of Rs 12 crore to eligible players in this sector. These players will also benefit from a GST exemption for a duration of 10 years, along with provisions for land-related subsidies as outlined in the policy.