Aequs further expands the Aerospace ecosystem in its Special Economic Zone (SEZ), which is India’s first notified precision engineering and manufacturing SEZ by signing a contract with All Metal Services Limited (AMS), a subsidiary of Reliance Steel & Aluminum Co., to establish a metals service centre in Belgaum, India. 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.
Today 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.
Terry Stocker, Managing Director, AMS commented, “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.”
Aravind Melligeri, Chairman and CEO of Aequs noted, “This addition of the AMS facility at Aequs SEZ is a significant step towards increasing the in-country, value add for the aerospace industry. With this addition, we will have 21 operating units in total and over 600,000 square feet of manufacturing space with in the SEZ.”Business World Economic Times