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Home Investment

Safran explores opportunities for strategic cooperation

Fiinews by Fiinews
February 9, 2021
in Investment, Manufacturing, Technology
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MoU signed for transfer of key technologies

France’s Safran Aircraft Engines has signed an MoU at Aero India 2021 on 5 Feb to explore opportunities for strategic business cooperation that leverage the complementary talents and capabilities of the both parties and support development of a robust ecosystem for aero-engines in India, consistent with the goals of the Government’s Make in India initiative.

The MoU was signed with Hindustan Aeronautics Ltd (HAL) during “Bandhan” event at the closing ceremony of Aero India 2021 held in Bengaluru 3-5 Feb 2021.

The MoU’s scope encompasses a wide spectrum including transfer of key manufacturing technologies, manufacturing & MRO of M88 (Rafale) and other engines, development and production of high thrust aero-engines related to cooperation.

Safran Helicopter Engines is HAL’s key partner in engines for HAL’s helicopters like Chetak, Cheetal, Light Utility Helicopter, Light Combat Helicopter and Advanced Light Helicopter.

HAL and Safran Helicopter Engines have successfully co-developed ‘Shakti’ Engine for Advanced Light Helicopters and Light Combat Helicopter.

HAL has manufactured more than 450 Shakti engines in India at HAL Engine Division in Bengaluru. #technology #manufacturing #investment /fiinews.com

Tags: HALSafran Aircraft Engines
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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