Gallery: India's Engine Aftermarket

As the domestic fleet in India set to grow significantly between 2021 through to 2030, the engine side of the market is also expected to expand at a vast rate. Aviation Week's Fleet & MRO Forecast estimates the segment to be worth around $883 million in 2021, but by 2030, it is anticipated to grow to $14.3 billion.

This year, engine maintenance accounts for 51% of the Indian commercial aftermarket. By 2030, its market share will stand at 52% albeit in a much larger MRO market.

Over the next 10 years, Aviation Week Fleet & MRO Forecast data predicts 79% of spend in the engine market will emanate from scheduled shop visits. Work related to life limited parts will account for 11% during that same period.

This year, the top in-service engine type is the CFM56, with an estimated 380 units. Notable aftermarket deals related to the narrowbody engine include MTU Maintenance signing an MRO agreement with Mumbai-based low-cost carrier GoAir back in 2019.

India has been home to OEM-MRO partnerships in recent years. Notably, Pratt & Whitney selected Air India Engine Services to maintain its PW1100G-JM engines at its Mumbai facility.

The LEAP engine is also expected to account for a good proportion of the engine aftermarket. By the end of the decade, Aviation Week data estimates it will be worth just short of $2 billion. Infrastructure for the engine family is also gathering pace in the country: Safran, which set up a manufacturing facility in Hyderabad in 2019, is still considering establishing an MRO facility in India for parts related to the LEAP engine.

CFM International, manufacturer of the CFM56 family (pictured) engine, will hold the largest market share over the next 10 years. Aviation Week's Fleet & MRO Forecast data estimates a 51% market share.