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All About Belgaum

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Aequs SEZ among the Top 10 Global Free Zones of the Year 2018

Apr 4, 2019 by Editor Apr 4, 2019 2 Comments

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Singapore based international industry and foreign investment publication, fDi Magazine, recognizes World’s Best Free Zones in their industry report each year. Aequs SEZ is ranked in the Top 10 Global Free Zones of the Year 2018 in their report this year along with DMCC in UAE, Amata City in Thailand and Lodz Special Economic Zone in Poland.

Specialism Award-Global

The magazine has recognised Aequs SEZ as winner of “Specialism Awards” globally for attracting investments from some major companies from the aerospace sector. Premium AeroTech, which is a subsidiary of Netherlands-based Airbus, and Sweden-based aeronautics and industrial solutions company Saab, have their presence in the zone, besides companies like All Metal Services (AMS), Latecoere and Purosil.

aequs-top10Editor’s Choice Award

Aequs SEZ has won the “Editor’s Choice Award” for manufacturing. According to fDi, “As a part of an integrated manufacturing ecosystem, Aequs Special Economic Zone provides its tenants with inventory and servicing on machining tools, meaning they can respond to companies’ needs in a timely and efficient manner. The zone is the country’s first to be specialised in precision engineering and manufacturing. The recent addition of a flexible manufacturing system, which manufactures complex parts for the aviation industry, will help attract these companies to the zone.”

SME Winner-Asia Pacific

Aequs SEZ has been named best zone in Asia-Pacific for SME companies. The zone offers incubation facilities for SME and new start-up companies, which companies can use until units are ready in the zone. These companies can also take advantage of incentives such as duty-free imports, tax benefits on exports and custom exemptions.

Aequs Special Economic Zone, India

As part of an integrated manufacturing ecosystem, Aequs Special Economic Zone provides its tenants with inventory and servicing on machining tools, meaning they can respond to companies’ needs in a timely and efficient manner. The zone is the country’s first to be specialised in precision engineering and manufacturing. The recent addition of a flexible manufacturing system, which manufactures complex parts for the aviation industry, will help attract these companies to the zone.

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About Editor

Writes about the cozy town of Belagavi and captures all the important happenings of the city. Since 2007 have been writing on AllaboutBelagum on varied topics and impactful stories.

Reader Interactions

Comments

  1. Hana says

    Apr 5, 2019 at 1:54 PM

    Awesome ? Congo

    Reply
  2. Shivanagouda Patil says

    Apr 5, 2019 at 8:11 AM

    Very nice and good development

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    Who who helping please contact this number 9113 584 592 ko

    Reply

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