GENERAL19 Sept 2026
Four aerospace stocks to watch as India builds its MRO industry | Stock Market News
India cut GST (goods and services tax) on aircraft maintenance, repair and overhaul (MRO) services from 18% to 5%, and lowered IGST on imported engine parts. This helps airlines and MRO firms that earlier sent planes to Singapore and the Gulf. For investors, no pure-play listed MRO company exists yet, so exposure comes indirectly through defence names like HAL. Check each company's real maintenance revenue before investing.
Key Statutory Highlights
- GST on MRO services has been cut from 18% to 5%, and IGST on imported aircraft components and engine parts is now 5%.
- HAL's repair, overhaul and maintenance segment brings in roughly Rs 20,000 crore a year, about a third of the company's total revenue.
- Safran is putting Rs 1,300 crore into an engine MRO facility in Hyderabad, an early sign of new capacity being built.
Actionable Advice for Taxpayers / Founders:If you are looking at aerospace stocks for this MRO theme, first check how much of each company's revenue actually comes from maintenance work, and treat it as a slow, long-term story rather than a quick gain. Please speak to a registered adviser for advice suited to your own case.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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