Planning to invest $150 mn in India: CEO of Rafale engine manufacturer
   Date :10-Oct-2019
By Aditi Khanna :
PARIS, INDIA should provide an attractive business environment as the country is set to become the third largest commercial market for aviation, the CEO of the French engine manufacturer behind the Rafale fighter jet told Defence Minister Rajnath Singh on Wednesday while announcing that the company plans to invest nearly USD 150 million in the country.
French multinational Safran, the manufacturer of the M88 state of the art engines fitted in the Rafale jets acquired by India, gave a presentation of its facility to the Minister who took a tour of the assembly line of the company near the French capital.“Visited the Engine Manufacturing Facility of Safran at Villaroche near Paris today. Safran is known for its engine making capabilities. They have also developed the engine for Rafale,” Singh said.