HAL, Safran sign pact to create JV for developing helicopter engines
Through a Memorandum of Understanding (MoU) signed by HAL CMD R Madhavan and Saran CEO Franck Saudo, in the presence of Olivier Andries, Safran CEO, both partners agreed to extend their “long-lasting partnership by establishing a new aero-engine company in India”, Hindustan Aeronautics said in an exchange filing.

