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HAL, Snecma signs MoU for aero-engine parts

HAL and Snecma, a subsidiary company of Safran, have signed a Memorandum of Understanding (MoU) to explore establishing a joint venture (JV) in India to produce aero-engine parts. The proposed joint venture will initially focus on the manufacture of high-tech parts for the Dassault Rafale’s Snecma M88 engine, then subsequently contribute to other major aerospace projects of HAL & Snecma, in India and worldwide.

Source: http://www.snecma.com/snecma-and-hal-to-create-a-joint,3496.html?lang=en

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