Defence Minister Rajnath Singh invites French aircraft engine maker SAFRAN for codeveloped & coproductive project in line of ‘Make in India’, Make for the World’
A high-level delegation of French Aircraft Engine Maker Safran Group led by its CEO Olivier Andries called on Defence Minister Rajnath Singh in New Delhi today. Safran is one of the leading original equipment manufacturers of advanced aircraft engines for civil and fighter jets.
During the meeting, the CEO of Safran briefed the Defence Minister of their company’s plans to set up Maintenance, Repair and Overhaul (MRO) facilities in India. The CEO also briefed Rajnath Singh of their plan to inaugurate Safran Aircraft Engines and Safran Electrical & Power India Private Limited in Hyderabad and Safran-HAL Aircraft Engines as a joint venture in Bengaluru. The MRO facility in Hyderabad will produce parts and components for advanced aircraft engines and is expected to create several highly skilled jobs.
Defence Minister noted the importance India attaches to the strategic partnership with France. He welcomed the new facilities in Hyderabad and Bengaluru. He invited Safran for more co-development and co-production projects in India, in tune with ‘Make in India, Make for the World’ and ‘Aatmanirbhar Bharat’ of the Government of India. He said, India is a big market and Safron can leverage all the competitive advantages including the cost advantages and availability of trained manpower. Mr. Singh asserted that both countries can contribute to each other’s capability building.
