Aequs plans to double its size

Aequs, which owns special economic zone (SEZ) at Belagavi where it runs aerospace and automotive businesses, looks at consolidating its position in the aerospace business, in the next five years.

“We have enough order book with us and quite good acquisitions abroad. Our SEZ also houses leading technology companies in aerospace. Now we want to consolidate it till 2020,” said Aequs Group CFO and Managing Director Rajeev Kaul in an interaction with Deccan Herald. The company’s SEZ, spread over 252 acres, has 21 operating units in total and over 600,000 sq feet of manufacturing space and three more will be ready by the end of this year.

Read more: Deccan Herald