Objectives:

• To create a conducive business environment, provide adequate incentives for the development of robust civil aviation infrastructure
• To attract substantial investments through MRO activity, having an estimated Indian market of around [USD 4 billion]
• To support the growth of the aviation sector by developing human resources and generating direct, indirect, and induced employment opportunities in the sector;
• To build technical capacity for MRO activities for the entire country
• To develop and pro-actively support micro, small and medium enterprises thereby ensuring all round industrial growth;
• To increase the share of industry in gross state domestic product
• To boost manufacturing in UP by supporting the development of air cargo hubs and MRO facilities.

Fiscal Incentives:

All MRO units, would be eligible for capital investment subsidy at the following rates:

• 5% – where capital investment is not more than INR 500 crore;
• 8% – where capital investment is more than INR 500 crore but less than 1,000 crore; and
• 12% – where capital investment is more than INR 1,000 crore, subject to a maximum amount of INR 200 crore.

Cost of Land will not be included with in terms of capital investments.

Skilled Human Resources

• Promotion of Aviation related courses in technical institutes and universities in UP for promotion of technical workforce
• Promotion of private partnerships for training, internships etc.
• Specially designed programs for MRO related services