Hyderabad: The Indian maintenance, repair and overhaul (MRO) industry faces significant challenges due to issues such as taxes and lack of infrastructure, said American Chamber (Amcham) of Commerce in India's Executive Director Ajay Singha.
Indian MRO industry is fragmented and lacks large players with an end-to-end services portfolio, Singha said in a press release issued here today, by Amcham India.
"Currently, the Indian MRO industry faces significant challenges. Factors such as unfriendly taxation structure, cumbersome procedures for import of components and movement of foreign experts, lack of scale and adequate infrastructure are some of issues confronting the industry," Singha said.
12/03/14 PTI/Economic Times
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Indian MRO industry is fragmented and lacks large players with an end-to-end services portfolio, Singha said in a press release issued here today, by Amcham India.
"Currently, the Indian MRO industry faces significant challenges. Factors such as unfriendly taxation structure, cumbersome procedures for import of components and movement of foreign experts, lack of scale and adequate infrastructure are some of issues confronting the industry," Singha said.
12/03/14 PTI/Economic Times
