(CercleFinance.com) – Safran inaugurates three industrial sites in India and announces a major establishment for 2025.
Established in India for 65 years, Safran now has 10 sites and employs 750 people. These announcements represent an investment of more than 200 million USD between 2018 and 2025.
‘To support the dynamism of this aeronautical market, whose air traffic should more than double in the next 20 years, we are accelerating our industrial development and our investments in the country. With the creation of our largest civil engine maintenance and repair center, we are also preparing to extend these activities to military engines in the country. Thanks to our three new factories and our new digital entity, we will triple our workforce in India in the next four years, relying on high-level local skills. ‘ said Olivier Andriès, Chief Executive Officer of Safran.