# Aequs to set up ₹500-cr aerospace and defence facility in Goa

Aequs announced at Aero India 2017 that it is setting up a multi-capability aerospace and defence manufacturing facility in Tuem, Goa, with an initial investment of ₹500 crore, expected to create close to 2,000 jobs.

- Type: New facility
- Announced: 2017-02-17
- Where: Tuem, Goa, India
- Value: $75.0M (5.00B INR)
- Jobs: 2,000
- Status: announced
- Products: precision components for aerospace and defence
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Aequs](https://endata.com/companies/22300.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/economy/logistics/aerospace-engineering-co-aequs-to-set-up-500cr-facility-in-goa/article9549386.ece), 2017-02-17: "This is the first venture in the private sector, which will manufacture high-end components and systems for aerospace and defence sector and support the 'Make in India' initiative."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.