{"id":503845,"date":"2022-07-07T11:23:29","date_gmt":"2022-07-07T05:53:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=503845"},"modified":"2022-07-07T11:23:29","modified_gmt":"2022-07-07T05:53:29","slug":"aircraft-engine-company-safran-to-invest-305-million-in-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aircraft-engine-company-safran-to-invest-305-million-in-india\/","title":{"rendered":"Aircraft engine company Safran to invest $305 million in India"},"content":{"rendered":"<p>NEW DELHI: Safran, the world&#8217;s largest aerospace engine manufacturer, has firmed up plans to invest up to 300 million euros (about $305 million) in India. A 200-million-euro maintenance, repair, overhaul (MRO) in Hyderabad will be the French MNC&#8217;s largest shop facility in the world for LEAP engines when it&#8217;s operational by 2025. In India to inaugurate three centres and announce the MRO, Safran global CEO and director Olivier Andries spoke to TOI about &#8220;friend&#8221; Bharat. Excerpts:<\/p>\n<p>What made Safran choose India for having the largest LEAP engine MRO here?<\/p>\n<p>We have a lot of customer airlines in India using the LEAP engines for their A320neos\/B737 MAXs. There is a backlog of 1,500 engines to Indian carriers. India is a very important and strategic market for us. Air traffic here will double in a decade. The MRO will service 300 engines annually and have a work force of 1,000 by 2030 as the capacity grows in phases. It will serve airlines of India and of the region, including the Middle East.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Safran, the world&#8217;s largest aerospace engine manufacturer, has firmed up plans to invest up to 300 million euros (about $305 million) in India. A 200-million-euro maintenance, repair, overhaul (MRO) in Hyderabad will be the French MNC&#8217;s largest shop facility in the world for LEAP engines when it&#8217;s operational by 2025. In India to inaugurate three centres and announce the MRO, Safran global CEO and director Olivier Andries spoke to TOI about &#8220;friend&#8221; Bharat. Excerpts: What made Safran choose India for having the largest LEAP engine MRO here? We have a lot of customer airlines in India using the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-503845","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/503845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=503845"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/503845\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=503845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=503845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=503845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}