French aviation giant Safran to set up its largest MRO facility in Hyd by 2025
The facility will be set up with an investment of Rs. 1,200 crores and is expected to create about 1,000 high-skilled jobs in the state.
By Newsmeter Network Published on 7 July 2022 11:06 AM GMTHyderabad: French commercial aircraft engine manufacturer Safran will set up its biggest manufacturing and repair overhaul (MRO) facility in Hyderabad by 2025. The facility will be set up with an investment of Rs. 1,200 crores and is expected to create about 1,000 high-skilled jobs in the state.
Inaugurating Safran's new production facility, Telangana industries and commerce minister K.T Rama Rao said, "We are extremely happy that Safran has now announced their third mega-investment in a row in the state of Telangana, the Safran Aero Engine MRO project. Safran has a long history of operating in India through joint ventures with HAL. It is the first time the group has decided to venture on their own in India and we are glad that you found Hyderabad to be the best ecosystem for setting up your own factories."
The minister said Safran electric and power facility was announced in Hyderabad in March 2018 to manufacture wire harnesses for aircraft engines with an investment of $8 million and to create employment for about 250 people.
Speaking about Safran's other projects, KTR said, "The Safran Aircraft Engine (SAE) facility with an investment of 36 million Euros and employment of 300 people will manufacture components for LEAP turbofan engines."
Safran Engineering tweeted, "We are proud to inaugurate our new production site in Hyderabad that will make rotating parts of the LEAP engine and to announce the creation of a new maintenance, repair and overhaul; facility for CFM LEAP engines, the largest MRO centre in the network."
Jean Paul Allar, the CEO of Safran Engines, said the new MRO 4.0 centre in Hyderabad will strengthen the firm's global network and enable it to meet the needs of its CFM customers against a backdrop of booming air traffic in India. He also added that the company will benefit from the fast-growing aviation ecosystem and outstanding competencies in Telangana.