Aequs partners AMS to make aerospace products in India

Karnataka-based aircraft component maker Aequs Aerospace has entered into an agreement with All Metal Services Limited (AMS), a subsidiary of Reliance Steel and Aluminum Company, to manufacture aerospace materials and applications in Belgaum.

The facility will provide various metals, including titanium, aluminium and steel, in various forms including plate, sheet and tube and related processing services for aerospace industry applications. It is anticipated that the 35,000 square foot facility will be operational in first quarter of 2017.

“AMS are excited to announce establishment of our new facility in India. We look forward to providing the highest quality materials and services to the important and growing Indian aerospace market,” said Terry Stocker, managing director of AMS.

Aircraft manufacturer Airbus has also entered into an agreement with Aequs to supply over 100,000 titanium machined parts for the A320neo (new engine option) programme.

Aequs has invested INR 667 crore on its 250 acre aerospace machining facility at the Special Economic Zone in Belagavi, Karnataka. The facility was inaugurated last year by Defence Minister Manohar Parrikar and is the largest facility of its kind in India. It was purpose-built to manufacture aerospace machined components for Airbus.

Currently, aerospace companies source material primarily from US and Europe for their requirements. AMS’ facility at the Aequs SEZ provides a local resource for Indian and regional customers to obtain specialty materials and processing services.

Aravind Melligeri, chairman and CEO of Aequs said, “This addition of the AMS facility at Aequs SEZ is a significant step towards increasing the in-country, value adds for the aerospace industry. With this addition, we will have 21 operating units in total and over 600,000 square feet of manufacturing space within the SEZ.”