French aerospace major Safran on Tuesday said it will set up a plant in Hyderabad to make parts for CFM International’s LEAP turbofan engine with an investment of €36 million.
Construction on the facility will begin in June. The target is to produce the first batch of parts by early 2020. By end of this year, operations at the plant will be launched with about 50 employees while over time, the headcount will be 300.
Near airport
The 13,000-square metre plant, to be built at the Special Economic Zone of GMR near the airport, will include 8,000 square metres of workshops. When the plant hits cruise speed in 2023, it will be able to deliver 15,000 parts per year. CFM International is set to deliver 1,800 engines this year, a number expected to increase to 2,000 next year.
With more than 17,000 orders and commitments till date, LEAP is the fastest selling engine. The new-generation LEAP entered service in 2016 and has passed the mark of three million flight-hours. It powers over 700 Airbus A320neo and Boeing 737 MAX commercial airliners, including 54 operated by Indian airlines, said an official release.
Expressing happiness at Safran selecting Hyderabad to establish the plant, Telangana Chief Minister K. Chandrasekhar Rao said the company joins the league of other global original equipment manufacturers (OEMs) which are already manufacturing and exporting from Telangana.
Aerospace, he added, is a focus industrial sector for Telangana and the State government is providing maximum support to encourage the industry.
In the release, Safran CEO Philippe Petitcolin, who is on a visit to India for the Aero India Show, said, “Aerospace continues to be a significant driver of India’s growth and we want to fully support this dynamic by bolstering our investments and training programmes in the country.”
Safran, which has been in India for around 65 years, has, at present, over 600 employees at seven companies that provide design, production and support services for aerospace and defense, plus a maintenance training centre in Hyderabad for CFM engines. The centre, which was established in 2010, can train more than 500 technicians a year.
‘Very excited’
Former Industries Minister K.T. Rama Rao tweeted: “Very excited to welcome Safran’s new investment in Telangana.”
The French multinational had, in 2018, announced the setting up of a Safran Electrical and Power factory to produce LEAP engines harnesses and Rafale fighter electrical wiring interconnections systems in Hyderabad. The 4,000-square metre facility, also at the SEZ, will be ready by mid-2019 and employ 250 people. The operations have begun in a temporary building with 33 employees.
