New Delhi, May 15 -- India is no longer just one of the fastest-growing aviation markets in the world; it is rapidly becoming the world's preferred "garage" for the skies.

Through a calculated series of fiscal and regulatory manoeuvres, the Indian government has successfully expanded its Maintenance, Repair, and Overhaul (MRO) facilities from 96 in 2014 to 166 in 2025.

The turning point for the sector arrived on July 12, 2024, with a landmark tax reform. By implementing a uniform 5% IGST on imported aircraft parts, tools, and testing equipment, the government dismantled a convoluted "inverted duty structure."

This move levelled the playing field, making it cheaper for domestic firms to source high-tech components and ensuring that Indi...