LEAP Engine Parts Manufacturing in Hyderabad!
Safran Aircraft Engines will be investing Euro 36 million to set up a greenfield facility to manufacture components for LEAP turbofan engines near Shamshabad airport, Hyderabad.
The construction will begin in June. Production of the first parts will start by 2020, and the site is set to reach its optimum output level by 2023.
By that time, it will have the capacity to deliver 15,000 parts per annum. The site will span 13,000 sqm, including 8,000 sqm of workshops.
Safran chief executive Philippe Petitcolin expressed his happiness over manufacturing components for LEAP.
"We're delighted to open a new chapter in our long history with the Indian aerospace industry, thus reasserting Safran's commitment to our 'Make in India' strategy. 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," he said.
Safran says that Leap engines to power 54 jets in India.