Belagavi-based Aequs announces long-term supply agreements with Safran for aerospace applications

Aequs, a company based in Belagavi, has announced long-term supply agreements with the global aerospace major Safran. These agreements focus on providing components for various aerospace applications, marking a significant step in the company's expansion within the defense and aviation sectors. The partnership is expected to strengthen India's position in the global supply chain for high-precision engineering parts.

A major portion of the work under these agreements will be carried out at the upcoming Aequs Engine Components Ecosystem, or AECE, located in Hosur, Tamil Nadu. This facility is designed to serve as a hub for advanced manufacturing and engineering capabilities. The establishment of this ecosystem aims to create a localized supply chain that reduces dependency on imports and enhances production efficiency.

This move is significant for India's aerospace industry as it aligns with the government's push to make the country a global manufacturing hub for defense and aviation products. By partnering with a leading international firm like Safran, Aequs gains access to advanced technology and global markets. This collaboration is expected to generate employment opportunities and boost the local economy in the Hosur region.