Safran aircraft engine plant is heading to India. Olivier Andres, managing director of the French engine manufacturer, has opened at least three new plants in recent days. The first two are located in Hyderabad, in the state of Telangana, in southern India. They will produce electrical wires in one, and rotating engine parts in the other. Finally, a third site, in Bangalore (in Karnataka, in the south), is dedicated to the production of tubes for the LEAP engine, which powers the A320neo and 737 MAX. It is the subject of a 50-50 partnership with Indian industrial group Hindustan Aeronautics Limited (HAL). The three centers will employ approximately 1,500 people. To celebrate the event, the group chose to invite the Indian and international press.
In total, the group plans to invest more than 200 million euros by 2025 to strengthen its presence in the Indian subcontinent. Upon examination, the implementation of these three new sites owes nothing to chance. After China, India began to establish itself as the new Eldorado of aeronautics. Safran doesn’t want to miss the boat. “We will give a push” To make our mark in India, Mr. Andres warned. “Ambition” The main one, introduced by the general manager, is “To support the very strong growth of the market in India”. We understand it because it is the most powerful in the world. It will double in the next ten years.rubbing his hands in advance Rais Safran.
The numbers give a spin. While air traffic growth forecasts agree on an annual average of 3.9% per year across the globe, India is on its own with an expected increase of 6.2%. At the same time, the Indian fleet will double by 2041, going from just under 850 aircraft to more than 1,600. Airbus is more optimistic. According to him, over the next two decades, Indian companies will need approximately 1,800 medium-range aircraft and just under 450 long-range aircraft. A real boom, to the point “The growth rate in India is higher than in China”Andriès, Mr. Andriès is almost surprised.
It must be said that the margin of progress is very important. today, The per capita theft rate is still ten times higher in Europe than in India. The reserve of passenger traffic there is therefore unique in the world.”Enthusiastic about the General Manager. For Safran, the first goal is “Ensuring a good position in the civil aviation market”. An approach that echoes the Make in India policy chosen by Prime Minister Narendra Modi’s national government.
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