The co-founder of Hyderabad Aircraft Maintenance Company knows why India's busy airlines have a problem with punctuality. Amit Prasad says passengers assume the cause is India's shoddy airports. Says Prasad, "60 percent of flights taking off 30 minutes late do so because of a lack of workshops to fix parts and other maintenance issues." He goes on to describe HAMCO as India's first independent player in maintenance, repair and overhaul.
MRO has failed to attract the loads of capital which has poured into the front end of the industry, namely the low-cost carriers, which has made India into one of the world's fastest growing air-travel markets. This may be about to change. Massive fleet expansion is creating an aircraft-services industry where none existed before. Big fleet expansions have been announced by Kingfisher and Jet Airways, together with $13.2bn worth of recent new purchases by Air India and Indian Airlines which will more than double India's aircraft population to 500 by 2015.
The fleet expansion will have a wide impact. Foreign engineering and aerospace companies in India such as Smiths of the UK and Goodrich of the US, both early movers in shifting manufacturing to lower cost India, are actively assessing whether to expand their local units into MROs or add aerospace services.
The area of technology-based "knowledge services" for aerospace is beginning to excite India's IT giants such as Tata Consultancy Services. One place where IT-based aerospace skills have been more plentiful is at BAE's software joint venture with Hindustan Aeronautics, the public sector giant that still continues to be focused on research and development contracts from the country's military.
Eurocopter has said that it would invest upto $1bn in India over two years. Part of the investment by the unit of EADS, the European aerospace consortium, would be in bids for big defence contracts, but a chunk would go on a big MRO facility. Boeing and Airbus are due to set up $100m MRO centers under contracts that require them to bring to India projects equivalent to 30% of the value of the orders won from Air India and Indian Airlines (now renamed Indian).
Asia's commercial aircraft MRO market was worth about $8.7bn in revenues in 2005, of which India's share was $714m, says Frost & Sullivan, a consultancy. The Indian market is forecast to grow at least 10% to 2012. But the biggest hurdle is proving to be lack of technically-trained staff for aerospace projects. For independents such as HAMCO, the only option for a quicker start up is to recruit from Middle East and asian carriers, where mid-ranking technicians and functional heads are typically from India. Hundreds of Indian aviation technicians work in the Middle East, reflecting the absence - so far - of opportunities back home.
Stay in the know. Pulse on the new Yahoo.com. Check it out. __._,_.___
***NEW: DESI TALK!! The Shout box in the group home page***
Comments, suggestions or just plain chatting... you can do it right here!
Homepage: http://groups.yahoo.com/group/dilsedesigroup
***DIL SE DESI GROUP***
You can join the group by clicking the below link or by copying and pasting it in the browser bar and then pressing 'Enter'.
http://groups.yahoo.com/group/dilsedesigroup/join
OWNER/MODERATOR : rajeshkainth003@gmail.com; {Rajesh Kainth}
MODERATOR : a.amitkumar13@gmail.com; {Amit Kumar}
MODERATOR : manisha.hatkar@gmail.com; {Manisha Hatkar}
MODERATOR : preeti.hande@gmail.com; {Preeti Hande}
MODERATOR : immortally69@yahoo.com {Rahul Joshi}
MODERATOR : kaustubh.basu@gmail.com {Kaustubhshobhan Basu}
MODERATOR : planetofprince@yahoo.com (Prem)
MODERATOR : abhijeet-bhurke@bridgestone.co.in (Abhijeet)
To modify your list subscription, please send a blank email to:
SUBSCRIBE : dilsedesigroup-subscribe@yahoogroups.com
UNSUBSCRIBE : dilsedesigroup-unsubscribe@yahoogroups.com
INDIVIDUAL MAILS : dilsedesigroup-normal@yahoogroups.com
DAILY DIGEST : dilsedesigroup-digest@yahoogroups.com
VACATION HOLD : dilsedesigroup-nomail@yahoogroups.com
FOR POSTING MESSAGES : dilsedesigroup@yahoogroups.com
SPONSORED LINKS
| Desi arnaz |
Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe
__,_._,___