Safran India Showcases Aerospace, Defence and Security Capabilities at Aero India 2015

Bengaluru, February 16, 2015

Safran, a leading global player in the aerospace, defense and security sectors, will participate in the Aero India 2015 to be held from 18th to 22nd February 2015. This 10th aero show will take place under Government of India's new campaign, "Make-in-India". This year, Safran will display the M88 engine that powers the Rafale multirole fighter, and the Shakti helicopter turbine which was co-developed with HAL for the Dhruv twin-engine rotorcraft. The company will also display a wide range of products that include the AASM (air-to-ground modular missile) "Hammer", BlueNauteTM, an ultimate "maintenance free" solution for maritime navigation, and explosives and narcotics detection technology handheld and desktop devices – Mobile Trace, Hardened Mobile Trace and Itemiser.

Present in the country for over 6 decades, Safran counts today over 2,600 skilled employees in India. Amongst the group local activities, Safran has a 50/50 venture with HAL, exporting 100% of its production of aircraft / helicopter engine parts. The Group exports more than 60% of the 1 million smart cards produced daily in its Noida Plant.

Safran also develops in Bengaluru tomorrow's leading edge aerospace equipment in its engineering services center with 700 engineers. Nearly all of this activity is exported abroad.

Furthermore, stronger onus on research and development will be the way forward for Safran India. The recent collaborations with the Foundation for Innovation & Technology Transfer (IIT, Delhi) and Society for Innovation & Development (IISc, Bengaluru) are steps taken to initiate R&D in the field of advanced avionics systems for the development of next-generation aerospace technologies in India. Local presence, collaboration and integration are key to Safran's success in the country, and the company is uniquely positioned to offer Indian customers the best in class technological capability and support.

Stephane Lauret, Chief Executive Officer, Safran India, said, "We have been present in the Indian market for over 60 years and have focused on product development in India. As we continue to strengthen our presence in India, we are working with our local partners to shape the future of India's aerospace, defense and security industries.

About Safran India
Safran has been operating in India for over 60 years. The Group employs more than 2,600 highly skilled employees in the country with an average annual workforce growth of 30 per cent in the last decade. Safran operates in India across its 3 core businesses: delivering effective expertise to the country's growing aerospace industry, along with leading edge navigation and optronics equipment for the defense sector, and biometrics solution for the security market.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 66,300 employees and generated sales of 14.7 billion euros  in 2013*. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.8 billion Euros in 2013. Safran is listed on Euronext Paris and is part of the CAC40 index.

* Sales in 2013 restated for the impacts of IFRS11 amounted to 14.4 billion euros.

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