Aequs signs the agreement with Apollo Aerospace Components Pvt. Ltd. to establish a 10000 SQFT unit for Aerospace standard parts Material distribution. This would be a part of “Free Trade Warehousing Zone (FTWZ)” in its Special Economic Zone (SEZ), which is India’s first notified precision engineering and manufacturing SEZ. The 10,000 SQFT facility would be operational in first quarter of the year 2017.
Apollo Aerospace Components has been operating out of Aequs SEZ for the last 3 years and the expansion will generate additional capacity to provide local resource to support growing demand from Aequs and other Aerospace customers.
This facility is part of total 40,000 SQFT FTWZ which currently occupies 5 operating units. It is expected to accommodate nearly 10 operating units in the near future.
Jason Crabtree, Managing Director, Apollo Aerospace Component Pvt. Ltd. commented “We are happy to expand our capacity. With this distribution Centre located at Aequs SEZ, we are in a position to support all the customers supply chain needs.”
Aravind Melligeri, Chairman and CEO of Aequs noted, “This FTWZ expansion at Aequs SEZ broadens the regional sourcing base.” He added, “Out of five such operating FTWZ’s in India, we are the only one focused on Aerospace industry”.
About Aequs SEZ
Aequs SEZ is India’s first notified precision engineering special economic zone. It was started in 2009 and is spread across 250+ acres in Belgaum, Karnataka. Aequs SEZ currently hosts 21 fully functioning units spread over 600,000 square feet of manufacturing floor space. Aequs is among India’s fastest growing precision engineering companies specializing in precision machining, sheet metal fabrication, assembly, forging, and special processing for the Aerospace, Automotive, and Oil & Gas industries. The company’s customers include global industry leaders such as Airbus, UTAS, Bosch, Eaton, Baker Hughes and Halliburton. Aequs operates several manufacturing facilities in India, US and Europe.
Apollo Aerospace Components, A Supply Technologies Company is a global aerospace specific market focused component supply chain management company which has a complete range of services geared to achieve optimum supply for improved manufacturing productivity, operating efficiency and lower costs. Apollo has three distinct service offering, Supply Chain Management, Fasteners & Hardware and Aircraft Spares. Apollo has its global foot print with facilities in Chicago, New Jersey in North America, Seville in Spain, Mielec in Poland and Birmingham, UK. The company is a market leader in aerospace parts supply chain and specializes in highly efficient VMI models which are operational in various sites in Europe and India to provide operational and cost advantage. The company has strategic partnerships and established supply chains with major airframe, engine, aerosystems and subtiers.