SAFRAN MRO IN HYDERABAD TO ATTRACT MORE GLOBAL INVESTORS

The MRO facility will be a huge step towards the goal of Aatmanirbharta in the aviation sector. Developing indigenous capabilities in MRO will reduce foreign exchange outflows

- TBG NETWORK

French defence and aviation major Safran's just-inaugurated MRO facility in Hyderabad could be a step-up towards India's ambition to become an aviation hub.

Talking to reporters after the inauguration of Safran Aircraft Engine Services India (SAESI) facility located at the GMR Aerospace and Industrial Park - SEZ, Rajiv Gandhi International Airport, Hyderabad, on Wednesday, Union Civil Aviation Minister Ram Mohan Naidu said this Safran's MRO initiative is going to open up the space, create more trust, more confidence in the foreign players to come to India.

"We see this as a major intervention that Safran has done here because this is a foreign MRO, foreign OEM which has come to India and openly set up by partnering up with India. So this is going to open up the space, create more trust, more confidence in the foreign OEMs to come to the country," he told the reporters.