Safran's Strategic Investments in Aerospace Manufacturing
To address the surging demand in both civilian and military aerospace sectors, Safran is enhancing its production capabilities not only in France but significantly on an international scale. Olivier Andriès, the CEO of the group, emphasized during the annual results presentation that the company is committed to making investment decisions in France when it is deemed rational while also continuing to invest abroad. Currently, Safran maintains a balanced industrial footprint, with 50% of its workforce based in France, 25% in North America, and a strong growth trajectory in Morocco and India.
Expanding Operations in Morocco and India
In Morocco, Safran has established around ten sites already. In October, the group announced the creation of an assembly plant for Leap engines in Casablanca, mirroring the facility located in Villaroche (Seine-et-Marne). Following this, in February, they revealed plans for a landing gear factory in Casablanca, with an investment of €280 million. Both facilities aim to support the ramp-up of the A320 family production. During a presidential visit to India in February, Safran reiterated its interest in this market, which hosts 18 maintenance, engineering, and production sites. The Hyderabad maintenance center, dedicated to Leap engines, is set to become Safran's largest worldwide. Additionally, the company plans to install an M88 engine production line there to support the sale of 114 Rafale jets from Dassault to the Indian military. Safran has also entered into an agreement with Bharat Electronics to create a joint venture focused on the production of guided Hammer bombs.
As reported by usinenouvelle.com.
