Prime Minister Narendra Modi inaugurated the Safran MRO facility in Hyderabad. This plant will service 300 LEAP engines annually and employ over 1,000 Indian technicians and engineers.
Business: PM Narendra Modi virtually inaugurated the Maintenance, Repair, and Overhaul (MRO) facility of the major French company Safran on Wednesday. This facility is located in Hyderabad and has been built with an initial investment of 1,300 crore rupees. The plant will become operational in 2026 and is designed for LEAP (Leading Edge Aviation Propulsion) engines, which power narrow-body Airbus A320neo and Boeing 737 MAX aircraft.
Growth in India's Aviation Market
Prime Minister Modi stated that India has now become the world's third-largest aviation market and is one of the fastest-growing domestic aviation markets. Safran's new MRO plant will help India become a global hub for aircraft engine repair, maintenance, and overhaul.
LEAP engines are manufactured by CFM International, a joint venture between Safran Aircraft Engines and GE Aerospace. Domestic airlines have placed orders for over 1,500 planes, further increasing the potential for expansion in India's aviation industry.
Servicing 300 LEAP Engines Annually
The Prime Minister's Office (PMO) informed that the SAESI facility is designed to service 300 LEAP engines annually. Upon reaching full operational capacity by 2035, it will employ over 1,000 highly skilled Indian technicians and engineers. This facility will develop indigenous MRO capabilities, reduce foreign exchange outflow, create more high-value jobs, and strengthen the supply chain.
