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Safran Aircraft Engines has announced that it will build a new plant in Hyderabad to manufacture parts for the LEAP turbofan engine from the joint venture CFM International.
It plans to invest €36 million in the plant to come up at GMR’s Special Economic Zone (SEZ) near the airport. Construction is set to kick off in June, with production to start in early 2020. The plant will have about 50 employees by the end of the year to launch operations, and will eventually have a workforce of 300.
Philippe Petitcolin, CEO, Safran, 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.”
When the plant hits cruise speed in 2023, it will be able to deliver 15,000 parts per year to support the LEAP’s sustained production rate. CFM is set to deliver 1,800 engines this year, rising to 2,000 starting in 2020.
This is part of its effort to develop a global supply chain to support the fast-paced ramp-up in LEAP production. Safran has operated in India for about 65 years and now has over 600 employees at seven companies which provide design, production and support services for aerospace and defence, including a maintenance training centre in Hyderabad for CFM engines.
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