Aerostructures Assemblies India Pvt

Aerostructures Assemblies India Private Limited ("AAIPL") is a joint venture between Aequs Private Limited, India and Saab AB, Sweden established to manufacture and supply aerostructure assemblies. Aequs and Saab AB, hold 74% and 26% stake in the joint venture, respectively. Aerostructures Assemblies India Private Limited (AAIPL) is located in Belg... aum, Karnataka, India where Aequs has developed a fully operational Aerospace Ecosystem in the form of a Special Economic Zone and, where its manufacturing operations, Aequs Aerospace is located. Established with a vision to develop a robust aerospace business, AAPIL is focused on build-to-print assemblies (for both Commercial as well as Defence Aircrafts) for the emerging markets and to harness defense offset opportunities available currently in the Indian market. The entity started operations in Q3 CY 2013 with initial assemblies rolling out from Q1 CY 2014. The plant has a built up area of 25,500 sq feet, with a plan to go up to 60,000 sq feet in coming years. AAIPL's core competency is manufacturing Aerostructure Assemblies with approximate maximum size of 2.5 x 2.5 meters, weight of upto 100 kgs and with a mix of metal and composite parts.Read More