GMR Hyderabad Aviation SEZ signs MRO deal with Safran

GMR Hyderabad Aviation SEZ, a 100 percent subsidiary of GMR Hyderabad International Airport, has signed a land lease agreement with Safran Aircraft Engines Services India, a subsidiary of Safran, a global leader in aircraft propulsion and equipment, space and defence markets with headquarters in Paris, France. Spread across 23.5 acres of the land parcel within the SEZ area, the facility will occupy around 36,500 sqm of built-up space, says a release from GMR. “The construction of the facility will commence in September 2023. The facility is expected to be handed over in December 2024. This facility in Hyderabad will be the largest MRO centre in the Safran Aircraft Engines network. Operations are set to commence in 2025 and will provide employment to about 1,000 workers at its peak operation capacity. The facility will adhere to Safran’s most stringent standards for industrial processes and machinery, including cutting-edge technologies like the latest integrated inspection methods and real-time monitoring of the maintenance shop process’s parameters. The new facility will operate on 100 percent sustainable green energy from the GMR solar farm.”