Results of Make in India : Aequs sign pact to supply components for Boeing's Chinook helicopter
Dutch firm Fokker Technologies, a division of GKN Aerospace, and aerospace manufacturer Aequs on December 17, 2015 signed an agreement to supply machined components for Boeing's Chinook heavy lift helicopter that India is also buying. Under the Long Term Agreement (LTA), Aequs will supply machined detail parts which will be made in India for the Chinook heavy lift helicopter.
Moreover Aequs Aerospace has also opened a new aerospace machining facility at its special economic zone (SEZ) in Belagavi, which strengthens Aequs' position in the market and the largest supplier to Airbus for aerospace machined components and sub-assemblies in the country. Aerospace component manufacturing company Aequs Aerospace will invest $50 million over the next five years to manufacture aerospace machined components in a new facility at its special economic zone (SEZ) in Belagavi. This facility is exclusively for France's Airbus, has the capacity to house 150 CNC (computerized numerical control) machines and generate revenue of $75 million annually. Several components for the Airbus' A320 and A380 are manufactured at the Belagavi facility. Airbus has also been sourcing doors for its single aisle aircraft family from Hindustan Aeronautics Ltd (HAL) for several years now.
This is just the beginning. We at AeSI Alumni Association congratulate our prime minister for such a great initiative which strongly emphasize on design and make in India.