Hec paris, Business school in Jouy-en-Josas, France

By Shailesh YadavParis [France], June 21 : Safran which offers a wide range of defence systems and equipment, deployed by armies, navies and air forces from around the world to protect nations highlighted India's growth and said that it will be quadrupling its employees in the country.In an exclusive interview with ANI, Alexandre Ziegler, Executive Vice President of Defense Division Safran Electronics and Defense said, "India is already one of the most important economies in the world. It going to grow in the coming years and we are going to increase our employee strength quadruple in the coming years. I've been knowing India and visiting India for years I lived in India. I could experience the energy of this country."Ziegler who was also French Ambassador to India said that currently Safran has 1000 employees in India and this number is going to quadruple in the next few years and will be increased to 4000 progressively, and 5000 to 6000 in the coming years."We've made a strategic shift to a strategic bet on India. We are building one of our largest manufacturing hubs including. Our largest MRO centre for aircraft engines in the world, which will be progressively built in India late next year. So that's for the industrial part," said Ziegler.He said that Safran is putting more and more emphasis on engineering in India so that it can develop and co-develop new products."Safran wanted to be part of the development of strategic autonomy of India by providing India with new systems, especially in the defence, but also by co-developing with India," said Ziegler.Ziegler mentioned two projects that it wants to co-develop with India. "One is on fighter jet engines which only four to five countries in the world can manufacture currently. The next one we would love to partner with India so we can develop together an Advanced Medium Combat Aircraft (AMCA) which will put India in a select group of countries with super-cruise and stealth aircraft capabilities.""We are probably the only company in the world to be able to propose this partnership with India. It speaks volumes about how high is India on our strategic priorities," he added.Ziegler also talked about the inertial navigation system (INS), a self-contained navigation technique in which measurements provided by accelerometers and gyroscopes are used to track the position and orientation of an object relative to a known starting point, orientation and velocity."We are also working with India on inertial navigation. We've been battling for years in inertial navigation. India's inertial navigation is one of the key assets that helps you to navigate in GNSS-denied environments so when GPS is jammed, for instance, these are very state-of-the-art and very specific kinds of devices. I could name two or three more examples of equipment on which we want not only to manufacture in India, not only to export from India but really to develop and co-develop with India's indigenous system."French defence major Safran Group has big plans for India as it is setting up a production facility in Hyderabad to produce parts and components for advanced aircraft engines with an investment of Euro 36 million.It is also into a big-ticket joint venture with state-run aerospace major HAL in Bengaluru to produce engines for helicopters. The French giant is also setting up an MRO facility for Indian and foreign commercial aircraft.The MRO (maintenance, repair and overhaul) facility to be established in Hyderabad through the foreign direct investment of USD 150 million will be for the LEAP-1A and LEAP-1B engines being used in aircraft by both Indian and foreign commercial airlines.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Hec ParisFOLLOW

Hec paris, Latest News

New Delhi, June 29 Aspartame, one of the most commonly used artificial sweeteners in foods and beverages, is ... ...

Paris [France], June 27 : French emergency services, on Tuesday, discovered a body under the rubble of the rue ... ...

For the first time any swimmer from Nagpur division is daring to swim the distance of 35 km ... ...

BusinessWire India Paris [France], June 22: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India's leading pure-play engineering services ... ...

Paris [France], June 22 : India, given its huge market size and growth potential, is no longer an option ... ...

Paris [France], June 21 : India's newest airline, Akasa Air, on Wednesday announced it had ordered four additional 737-8 ... ...

Paris [France], June 21 : France defeated Greece 1-0 in a close encounter on Tuesday in the UEFA EURO ... ...

By Shailesh Yadav Paris [France], June 21 : Safran which offers a wide range of defence systems and equipment, ... ...