On the face of it, agriculturally prosperous Hattargi village in Belgaum district of the South Indian state Karnataka is an unlikely setting for a hightech venture fully focussed on manufacturing a variety of aircraft components and subsystems. But then Aequs aerospace SEZ (Special Economic Zone), which took off in 2009 as QuEST global precision engineering SEZ catering to the aerospace sector, in a modest way at Hattargi has now become a much sought after destination for who is who in the global aerospace industry.
The major thrust of Aequs SEZ, which has built up an excellent track record in manufacturing and supplying assemblies for the technology intensive, global commercial aero structures market, is on realizing capabilities that are either not available or difficult to come by in India. Aequs SEZ seeks to realize this through the route of acquisitions and joint ventures. In keeping with this growth philosophy, sometime back, Aequs had....