Safran S.A., French multinational aerospace-component and defense company‘s subsidiary Safran Aircraft Engines will build a new plant in Hyderabad, India, to make parts for the LEAP turbofan engine from CFM International, a 50/50 joint company between Safran Aircraft Engines and GE.
“We’re delighted to open a new chapter in our long history with the Indian aerospace industry, thus reasserting Safran’s commitment to our “Make in India” strategy”, said CEO Philippe Petitcolin. “Aerospace continues to be a significant driver of India’s growth, and we want to fully support this dynamic by bolstering our investments and training programs in the country.”
Construction of the 140,000 square feet Safran Aircraft Engines factory, located in the Special Economic Zone in India’s southern state of Telangana, will start in June 2019, and will aim at delivering the building and producing the first parts in early 2020. The plant will have fifty employees by the end of the year to launch operations, and will reach a workforce of 300. When the plant hits cruise speed in 2023, it will be able to deliver 15,000 parts per year to support the LEAP’s sustained production rate.