HAL-Safran launch JV MRO service unit in Goa

Promoting the ‘ Make in India’ initiative, Hindustan Aeronautics Ltd. has tied up with French aerospace firm Safran Helicopter Engines and launched the Helicopter Engines maintenance, repair and overhaul ( MRO) Pvt. Ltd. ( HE- MRO) at the Sattari District in North Goa. The JV was finalised with the Goa Industrial Development Corporation (GIDC) giving a green signal to transfer the land to the aerospace firm.“The land at Honda industrial estate has been transferred to HAL from Goa Auto Accessories Limited through EDC,” stated GIDC Managing Director Narayan Gad. “The application for transfer of a plot has to go to the screening committee and since there was no screening committee and board formed, the transfer application could be approved only in late November.”