8 months ago

India's Aviation MRO Growth: Key Stocks

India's Aviation MRO Growth: Key Stocks
Not IndiGo: 4 forgotten stocks riding India’s big MRO bet · financialexpress.com

India is building up its ability to maintain and repair aircraft engines and other parts right at home.

This is a big deal because before, India had to send a lot of this work overseas, which was expensive and time-consuming.

Now, with new facilities and investments, Indian companies are poised to benefit.

Four companies stand out: TAAL Tech, which provides engineering and technology solutions; Taneja Aerospace and Aviation, which manufactures aviation parts and offers MRO services; Hindustan Aeronautics, which makes aircraft and helicopters and provides repair and maintenance services; and Ramco Systems, which develops software solutions for aviation MRO.

Each of these companies is in a good position to grow as more aviation maintenance work stays in India.

However, their stock prices have reacted differently, with some going up and others down, showing that investors have different expectations for each company's future.

Key facts

TAAL Tech
Aircraft charter services, engineering and technology solutions
Taneja Aerospace and Aviation
Manufactures aviation parts and components, MRO services
Hindustan Aeronautics
Manufactures aircraft and helicopters, repair and maintenance
Ramco Systems
Develops ERP software solutions, aviation MRO software platform
Prime Minister Narendra Modi
Inaugurated new aircraft engine MRO facility in Hyderabad
India's MRO market
Growing with global players investing in local facilities
TAAL Tech share price change
Up 3.5% in the past year
Taneja Aerospace and Aviation share price change
Down 32.6% in the past year
Hindustan Aeronautics share price change
Up 5% in the past year
Ramco Systems share price change
Up 34.9% in the past year

Sources

Related news