New Delhi: French aerospace major Safran on Wednesday announced that it would be setting up its largest and first aircraft engine MRO (maintenance, repair, overhaul) facility here. The facility will be set up at an investment of Rs. 1,200 crore (USD 150 million) and is expected to create about 1,000 jobs in the State. The MRO will give a boost to Hyderabad International Airport and the Telangana Aviation ecosystem, an official statement said.
Telangana Minister for IT and Industries KT Rama Rao welcomed the group's decision of selecting the city for its MRO.
It will overhaul its market-leading Leap 1A and Leap 1B aero-engines used by Indian and foreign commercial airlines.
The state-of-the-art MRO shop, with its engine test cell, is expected to have a multiplier effect on the local aerospace-manufacturing ecosystem with a potential to attract further investments and high-value job creation into the State, the release said.
Recently, Safran established two mega aerospace projects here in close succession The Safran Electrical and Power Factory producing engine wire harnesses and Safran Aircraft Engine Factory manufacturing critical aero-engine parts for Leap engines.
Both these factories, adjoining the Hyderabad International Airport, will be inaugurated on July 7 by K T Rama Rao. Olivier Andries, Group CEO, and Jean Paul Alary, Safran Aircraft Engine, CEO, would be present on the occasion.
On Tuesday only during the meeting with the defence minister Rajnath Singh, the CEO briefed him on their plan to inaugurate this week Safran Aircraft Engines and Safran Electrical & Power India Pvt Ltd. – both to come up in Hyderabad and Safran-HAL Aircraft Engines as a joint venture in Bengaluru.
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