Aequs signs contract with Reliance Steel subsidiary AMS for expansion of its aerospace ecosystem

AMS’ facility at the Aequs SEZ provides a local resource for Indian and regional customers to obtain specialty materials and processing services.

Aequs signs contract with Reliance Steel subsidiary AMS for expansion of its aerospace ecosystem
NEW DELHI: Karnataka-based precision engineering company Aequs on Tuesday signed a contract with All Metal Services Limited ( AMS), a subsidiary of Reliance Steel & Aluminum, to establish a metals service center in Belgaum. This will further expand Aequs' aerospace ecosystem in its Special Economic Zone.

Follow @ETDefence Twitter handle for comprehensive coverage on other buzzing Defence stories

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 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.”

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’ 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.”
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

Related Companies

More from our Partners

Loading next story
Business News › News › Defence › Aequs signs contract with Reliance Steel subsidiary AMS for expansion of its aerospace ecosystem
Text Size:AAA
Success
This article has been saved

*

+