French aviation giant Safran to set up maintenance plant in Hyderabad and create 1,000 jobs: Minister KT Rama Rao

French aviation giant Safran Group will set up a maintenance, repair and overhaul (MRO) facility for its aero engines in Hyderabad with an initial investment of $150 million (about Rs 1,200 crore) and thereby create about 1,000 new job opportunities, according to a statement. of IT and Industry Minister KT Rama Rao.

The French multinational is a major player in the aerospace and defense sector and is known for its designs, developments and manufactures of aircraft engines and rocket engines.

Announcing this, the minister took to Twitter on Wednesday and said that this facility will be Safran’s largest MRO in the world and will be the first engine MRO established by a global original equipment manufacturer (OEM) in India. “Excited to welcome the decision of the @SAFRAN group to select Hyderabad for its MRO Mega Aero Engine in India. This will be SAFRAN’s largest MRO in the world and the first Engine MRO established by a global OEM in India,” he tweeted.

He said: “The MRO and engine test cell will have an initial investment of $150 million and is expected to create 800 to 1,000 highly skilled jobs. It will service their market-leading Leap 1A and Leap 1B aero engines used by Indian and overseas commercial airlines. (sic)

According to him, “This MRO engine project is expected to have a huge multiplier effect on the local aerospace and aviation manufacturing ecosystem in Telangana. With this brand investment, Hyderabad has established itself as India’s most dynamic and vibrant aerospace valley.

In recent years, Hyderabad has bet big on the aerospace and air defense sector with companies like Lockheed Martin Corporation, GE Aviation, Boeing, etc. establishing their facilities in the city. The state government is promoting the aerospace sector with seven SEZ parks in Hyderabad, Rama Rao had said earlier.

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