Wednesday, February 11, 2009

New Delhi: Safran SA, Europe’s largest aircraft engine maker by volume and revenues, will set up an aircraft training centre with an investment of up to $20 million, or Rs97.4 crore, at Hyderabad.
The centre to be set up by its engine making arm, CFM International, will train airline mechanics and engineers on its engines that power Airbus SAS-made A320 and Boeing Co.’s B737 planes, Safran group chief executive officer Jean-Paul Herteman, told Mint in an interview on the eve of Aero India show in Bangalore on Wednesday.
"I don’t believe there would be big announcements. (But) there are many business discussions going on. In civil aviation we are under way to set up a training centre in engineering that will be located in Hyderabad. That will open next year.
After that we have significant defence business, of course, so there is discussion about MMRCA (medium multi-role combat aircraft). In helicopters we are very active, we have made specific engine for Dhruv with HAL (Hindustan Aeronautics Ltd), the Shakti engine. This has been certified in Europe, which is the first time I think India has participated in development of an engine and had it certified under western (agencies).
Our total business in India today is $500 million—direct and indirect. We have been producing 120 million SIM cards (for mobile phones); we will be at the rate of 300 million end of this year. This is not serving only Indian market but export market—all of Asia, Africa and Middle East", said Jean-Paul Herteman.
11/02/09 Tarun Shukla/Livemint

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