Aviation parts maker Aequs stated on Wednesday it has secured a contract with European plane main Airbus to provide essential parts for the A320 household, A330neo and A350 plane for greater than 10 years.
Below the phrases of the settlement, Aequs will manufacture element components and components with seat meeting for the wings, fuselage and pylons for these plane, Aequs stated.
Aequs has been a long-standing provider to Airbus for which it was its first Authentic Gear Producer (OEM) buyer and has been its most well-liked Detailed Elements (D2P) accomplice for over a decade.
This authorization represents an essential milestone not just for Aequs, but additionally for the Indian aviation trade, Aequs stated, amid the nation’s rising significance as a worldwide aerospace manufacturing hub, deepening Airbus’ ‘Make in India’ marketing campaign.
“This contract is a crucial second in Aequs’ journey with Airbus. We’re proud to face alongside the world’s largest plane maker as a long-term strategic accomplice.
“It is usually a testomony to the belief in Aequs by world OEMs to enter into deeper and longer relationships particularly at a time when the worldwide provide chain goes by means of a means of recalibration,” stated Aravind Meligiri, Chairman and CEO of Aequs.
Based in 2006, Aequs is a multi-contract producer, offering vertically built-in product options throughout the aerospace, toy and client durables industries.
It presently operates manufacturing services throughout India, France and the USA.
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First printed: November 15, 2023 | 1:37 pm he
(Tags for translation)Airbus