Hyderabad: Prime Minister Narendra Modi said the country is now promoting Design in India across sectors on an unprecedented scale.  He asserted that India’s aviation sector is set to take a new leap.

Prime Minister Narendra Modi virtually inaugurated Safran Aircraft Engine Services India’s LEAP engine MRO facility at GMR Aerospace in Hyderabad on Wednesday.

Speaking on the occasion he said that Safran team to look beyond manufacturing and explore opportunities in aircraft engine and component design from India. The country’s vast MSME ecosystem and its young, skilled workforce would act as strong pillars of support for such ambitions, he added. From today, India’s aviation sector is taking a new flight, he said.

The Safran’s latest investment will help position India as a global Maintenance, Repair and Overhaul (MRO) hub, he said. He recalled his meeting with the Safran Board and Management on November 24^th, noting that he had always sensed their confidence and optimism regarding India, he added. Modi expressed hope that Safran’s investments would continue with the same momentum in the years ahead.

Modi pointed out that India’s aviation sector has grown at a rapid pace in recent years and the country now ranks among the fastest-growing domestic aviation markets in the world. Today, India’s domestic aviation market is the third largest globally, he added.

Telangana CM Revanth Reddy said that we are building the Bharat Future City; spread across 30,000 acres a green, net-zero city that will be India’s answer to New York, Tokyo, Dubai or Singapore. He requested the Prime Minister and global investors to participate in the summit and witness Telangana’s vision for the future.

Underscoring Telangana’s leadership in industry and MSME policy Hyderabad has cemented its position as a major aerospace and defence hub, hosting over 25 global companies and more than 1,500 MSMEs, he said.

Our world-class infrastructure specialized aerospace parks and SEZs have attracted mega investments from leading companies. Hyderabad is now the top choice for highly complex precision engineering, he said. He cited investments by Safran, Boeing, Airbus, Tata, and Bharat Forge.

He said that aerospace and defence exports doubled last year, reaching Rs 30,742 crore in just nine months, surpassing even Telangana’s famed pharmaceutical exports for the first time. Telangana consistently wins the Best State Award for Aerospace from the Ministry of Civil Aviation, he added. The Financial Times rankings have placed Hyderabad No 1 globally in cost-effectiveness among ‘Aerospace Cities of the Future.

Calling the newly inaugurated facility a milestone for Telangana’s growth story, he invited Safran to become a lead partner in the state’s aerospace skilling ecosystem.

Telangana will continue to provide global standard infrastructure and support companies like Safran to scale new heights, he said. The upcoming M88 military engine MRO facility, will provide critical support to the IAF and Indian Navy, cementing Hyderabad’s position as one of India’s premier MRO and aero engine hubs, he added.

Modi elaborated on the Government’s reform push, that in the last 11 years, more than 40,000 compliances have been reduced and hundreds of business-related provisions have been decriminalized. The National Single Window System, GST reforms, faceless tax assessments, new labour codes, and the Insolvency and Bankruptcy Code have collectively made governance simpler, smoother and more transparent. These efforts have helped India emerge as a trusted partner, a major market and a rising global manufacturing hub, he added.