PM Modi Launches Saffron Aircraft Engine Services In Hyderabad

Hyderabad, Nov 26 (Maxim News):  Prime Minister Narendra Modi virtually inaugurated the Saffron Aircraft Engine Services Facility in Hyderabad.

Here To Join Us On WhatsApp

Speaking on this occasion, PM Modi said that the Center will provide support to the Saffron company.  He said that the aviation sector has been developing rapidly for the past few years.  He explained that India has already placed orders for 1500 aircraft.  He said that the establishment of an aircraft service center in India is very useful.  He said that he is moving forward with the policy of promoting MSMEs.  He said that 100 percent foreign investment has been allowed in some sectors.

Telangana CM Revanth Reddy thanked Saffron for choosing Hyderabad.  He said that this will further contribute to the development of the city.  He explained that Hyderabad is emerging as an aerospace and aviation hub. He said that many companies in the aviation sector are already in Hyderabad and many experts are here. He said that the government is ready to provide the necessary support to Saffron.

Here To Join Us On WhatsApp

Union Minister Rammohan Naidu said that the establishment of Saffron Aircraft Engine Services will significantly reduce the cost of manufacturing aircraft in the future.  He said that this benefit will also be transferred to the passengers. He waid that they are heavily dependent on countries like Singapore and Malaysia for aircraft engine services. He said that he is happy that aircraft engine services have started in India. He explained that this is possible only because of the self-reliant India undertaken by Prime Minister Modi. He said that the city of Hyderabad is growing as an aviation hub.  (Maxim News)  

Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe.  Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News updates