Saffron to set up MRO facility at Rs.1,200 Cr in Hyderabad
Hyderabad has established itself as the most vibrant and happening Aerospace valley of India.
HYDERABAD: French Aerospace major SAFRAN announced the establishment of two mega aerospace projects in Hyderabad. The Safran Electrical and Power Factory and Safran Aircraft Engine Factory, located adjoining the GMR International Airport Hyderabad, would be inaugurated by Minister of IT and Urban Development K T Rama Rao in presence of CEO Safran group Olivier Andries, Safran Aircraft Engine CEO Jean Paul Alary on July 7.
Safran Aerospace also announced setting up of their first and largest engine MRO (Maintenance, Repair and Operations) facility in Hyderabad. The facility would be set up with an investment of Rs. 1,200 Crore ($150 million) and was expected to create about 1,000 high skilled jobs in the State.
Attracting repeat mega investments from multiple global Aerospace OEMs, Hyderabad has established itself as the most vibrant and happening Aerospace valley of India.
KTR welcomed the Safran group's decision of selecting Hyderabad for its Mega Aero Engine MRO facility. He tweeted: "Jubilant to welcome @SAFRAN group's decision to select Hyderabad for its Mega Aero Engine MRO in India This will be SAFRAN's largest MRO globally and will be the first Engine MRO established by a global OEM in India."
The MRO facility in Hyderabad would overhaul their market leading Leap 1A and Leap 1B aero engines used by Indian and foreign commercial airlines. The full capacity of the MRO shop with its engine test cell will be of 250 to 300 Engine shop visit a year. This would place the project as the biggest MRO Shop of the Safran Aircraft Engine MRO network globally.
The MRO would also give a significant boost to Hyderabad International Airport and Telangana Aviation ecosystem.
This world class Engine MRO facility is expected to have a huge multiplier effect on the local Aerospace manufacturing ecosystem, with a potential to attract further investments and high value job creation into the State.