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

Mint Hyderabad

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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.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

Mint Hyderabad

Former DBS CEO is Temasek India’s new non-exec chair

Piyush Gupta, the former chief executive of DBS Group, has joined Singaporean state-owned multinational investment firm Temasek as India chairman, albeit in a non-executive role, and will work with Ravi Lambah, head of India and strategic initiatives, the firm said, He will join on 1 December.

time to read

1 mins

November 29, 2025

Mint Hyderabad

Mint Hyderabad

Speciality chemical makers are betting big on pharma

The Street is gravitating toward speciality chemical manufacturers that supply contract development and manufacturing organizations (CDMO) and active pharmaceutical ingredient (API) makers, as uncertainty looms over the chemicals sector.

time to read

1 mins

November 29, 2025

Mint Hyderabad

Art Deco feels in Indian fashion

The 100-year-old style has inspired design worldwide. Why doesn't it have a big presence in Indian fashion?

time to read

4 mins

November 29, 2025

Mint Hyderabad

Tiramisu is trending and nobody is complaining

Tiramisu, tiramisu latte, rasgulla tiramisu, masala chai tiramisu, tiramisu tres leches—it seems like almost every café or restaurant across the country has some version of the Italian dessert on its menu.

time to read

4 mins

November 29, 2025

Mint Hyderabad

Tech focus drives Meesho’s IPO prep

lier this month.

time to read

1 mins

November 29, 2025

Mint Hyderabad

After a year’s pause, AT-1 bonds return with Canara Bank

Canara Bank on Friday raised 13,500 crore from an additional tier-1 (AT-I) offer, according to three people aware of the matter.

time to read

1 min

November 29, 2025

Mint Hyderabad

LIC'S response to voting on RIL, Adani resolutions

A Mint story on Friday reported how Life Insurance Corp. of India Ltd, or LIC, had approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected similar proposals at other large companies.

time to read

1 min

November 29, 2025

Mint Hyderabad

Unfussy local bars make a comeback

Neighbourhood spots with affordable pricing and good food are back in the spotlight

time to read

3 mins

November 29, 2025

Mint Hyderabad

Europe fears it can’t catch up in great power competition

FROM PAGE 16

time to read

3 mins

November 29, 2025

Mint Hyderabad

Is fashion tone-deaf?

Fashion brands use provocative campaigns to stand out, but they often fail and seem deliberately obtuse

time to read

2 mins

November 29, 2025

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