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Safran targets annual India revenue of more than €3 billion by 2030

Mint Mumbai

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November 27, 2025

Boosting its India presence, French major Safran on Wednesday said its maintenance, repair and overhaul facility for the LEAP engines will be operational in 2026 and also expects to triple its annual revenue in the country to more than 3 billion euros by 2030.

- PTI

Safran targets annual India revenue of more than €3 billion by 2030

Safran on Wednesday said its maintenance, repair and overhaul facility for the LEAP engines will be operational in 2026.

Safran, which is into aerospace, defence and space segments, will also be setting up a dedicated MRO (Maintenance, Repair and Overhaul) facility for the M88 engines powering the Dassault Aviation Rafale fighter jets.

Both facilities will be in Hyderabad.

“The new LEAP engine MRO centre represents a total investment of 200 million euros and will be operational in 2026. The 45,000-square-metre facility will ramp up to a capacity of 300 LEAP shop visits a year and boasts a next-generation test bench,” the company said in a release.

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