(CercleFinance.com) – Safran Helicopter Engines announces that it has signed an agreement with Hindustan Aeronautics Limited (HAL) for the creation in India of a new joint venture, Helicopter Engines MRO Pvt Limited (HE-MRO), intended for the development, production , sale and support of helicopter engines.
One of its main objectives will be to meet the needs of future helicopters for HAL and the Indian Ministry of Defense (MoD) and in particular the IMRH (Indian Multi Role Helicopter), a 13-tonne helicopter.
“The creation of this new joint venture marks a turning point in our historic relationship with HAL and the Indian MoD, with the development and maintenance of a new generation of helicopter engines,” said Franck Saudo, President of Safran Helicopter Engines.
The HE-MRO joint venture in Goa will provide MRO (maintenance, repair and overhaul) services for TM333 and Shakti engines in service with the Indian Armed Forces. The company will be operational by the end of 2023.