Safran to triple its India ops revenue to over €3 billion by 2030
Safran, a France-based aerospace and defence group, has planned to triple its revenue in India to exceed 3 billion euros by 2030, the group CEO said on Wednesday. It also aims to multiply by five its sourcing in the country.
“Safran will triple its revenue in India to exceed 3 billion euros by 2030, of which half will be generated by our sites in India. At the same time, Safran will multiply by five its sourcing in the country,” group CEO Olivier Andriès said. The company inaugurated its largest MRO (maintenance, repair, overhaul) center for the LEAP engines in Hyderabad, also announcing two defense investments to support the Rafale program of the country.
