Thanks to a slew of pro active measures initiated by the Indian Government, led by the Prime Minister Narendra Modi, the once slow moving aerospace sector of the country has started picking up momentum. Not surprisingly then, global aerospace giants have started recognising the prowess of the Indian aerospace industry to meet many of their quality requirements in a cost effective and a time bound manner.
And in what can be a major boost to the efforts now under way to turn India into an aerospace manufacturing hub, Aequs aerospace SEZ (Special Economic Zone) based in Belagavi, Karnataka has turned a new leaf in pushing forward the growth of aerospace manufacturing in India with the inauguration of the Phase two facility of the Aerospace Processing India Ltd., (API), a joint venture between Aequs and Magellan Aerospace.
This facility, forming part of the Aequs Aerospace SEZ, is the only one of its kind in the private....
