Loading…
Aequs signed a non-binding MoU with the Tamil Nadu government to set up a manufacturing unit in the state, with an investment of up to ₹1,900 crore over 10 years. The facility will produce aircraft engine and landing gear components.
“Aequs Ltd, a diversified contract manufacturing company in the aerospace and consumer industries, on Monday said it has signed a non-binding memorandum of understanding (MoU) with Guidance, the nodal agency of the Government of Tamil Nadu, to set up a manufacturing unit in the state.”manufacturing.economictimes.indiatimes.com
Summarized from public sources; check the original articles before acting on it.