Recently G20 summit to boost India’s Defence Maintenance, Repair, and Overhaul (MRO) hub
- IBEF
- September 20, 2023
According to Crown Group President Vice Admiral (Retired), Mr. Paras Nath, the recent G20 Summit in New Delhi opened doors for India's defence Maintenance, Repair, and Overhaul (MRO) industry, which supports the "Make in India" drive. As seen by the most recent G20 Summit, he claimed, India is strengthening its role as a driver of world growth.
He further stated that all major world leaders concur that India is becoming a powerful participant on the international scene. The majority of G20 nations have strong trade ties with India, and several of them have strategic defence agreements. This increased faith and confidence in our diverse capabilities bodes well for the domestic defence MRO business and presents India with a wealth of opportunities.
He also highlighted that the time is ripe to bolster India’s indigenous MRO, and foreign Original Equipment Manufacturers (OEMs) should seize the moment.
Mr. Paras Nath stated that there's a benefit to working with international OEMs looking for dependable partners for equipment repair and support in India. Crown Group is a top option for MRO of Indian navy, marine, and aviation assets owing to our state-of-the-art facilities, unmatched knowledge, and established relationships with significant foreign OEMs. Crown Group is exceptional in having former members of the Army, Navy, Air Force, and Coast Guard contribute their priceless experience at all levels.
Crown Group Defence, a long-standing partner to the Indian defence forces for over four decades, has been supporting the Indian Navy, Coast Guard, Land and Aviation forces in Marine Engineering, Aerospace Engineering, Military Engineering, and Weapon systems.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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