Tuesday, Sep 25 2018 | Time 01:35 Hrs(IST)
image
  • Russia to provide Syria with new S-300 air defense missiles
  • Rouhani cautions US for pursuing hostile policies against Iran
States Share

Aequs aerospace to set up Defence exclusive unit in Goa

Bengaluru, Feb 15 (UNI) The Belagavi based Aequs Aerospace today
announced setting up of an exclusive high precision Defence and aerospace
facility in Goa to participate in the 'Make in India' programe of the Union
government.
Making the announcement in the presence of Goa Chief Minister Laxmikant
Parsekar, Aequs Aerospace Chairman and CEO Arvind Melligeri told newsmen
here that the Rs 500 Crore facility to be located in Tuem in Goa will start
manufacturing 24 months after the land was finally allocated to the company.
Goa Chief Secretary Dharmendra Sharma said the process was in the final
stage and expressed hope that the allocation of 50 acres of land to Aequs
would be completed this year.
Mr Parsekar said that Goa was in the ending stages of coming out of its
electronics policy delayed due to the recent Assembly election. The greenfield
international airport coming up near Tuem would offer tremendous advantage to
high industries to come up in Goa which already had a good pharmaceutical
base besides engineering.
Mr Melligeri said the new facility was Aequs commitment towards the Indian
Defence Sector which heavily relied on imported equipment and technology.
The company aimed support the make in India initiative for one of the most
critical sectors in the country. ''Our strategy will also see technology transfers
from aerospace giants around the globe''. The facility aimed to generate
employment to 2000 people.
Aequs Aerospace is headquartered with the Aequs special economic zone in
Belagavi, From raw materials to equipment and processes, Aequs maintains
the high standards that are globally recognised, Mr Melligeri said.
UNI CNR MSP CS 1816
More News

Youth drowned while immersing Ganesha idol in river in Nanded

24 Sep 2018 | 11:56 PM

Nanded, Sep 24 (UNI) A youth drowned while immersing a Lord Ganesh
idol in Manjra river in Biloli tehsil of the district.

 Sharesee more..

23-yr-old man booked for raping his relative's daughter

24 Sep 2018 | 11:45 PM

Nanded, Sep 24 (UNI) The Rural Police on Monday filed a criminal
case against a 23-year-old man for allegedly raping his close
relative's daughter.

 Sharesee more..

Talathi trapped in ACB net in Jalna

24 Sep 2018 | 11:43 PM

Jalna, Sep 24 (UNI) The Anti-Corruption Bureau (ACB) on Monday
arrested a talathi attached with Sajja-Kadwanchi in Jaln taluka of
the district while allegedly accepting a bribe of Rs 1,000 from a
complainant.

 Sharesee more..

18-yr-old boy killed in road accident in Nashik

24 Sep 2018 | 11:27 PM

Nashik, Sep 24 (UNI) An 18-year-old boy was killed on the spot after
a truck carrying cement bags knocked down his scooter and run over
him on Nashik-Pune highway near Bytco point here on Monday.

 Sharesee more..

Bloodshed in picturesque Araku tribal agency shocks people

24 Sep 2018 | 11:22 PM

Visakhapanam, Sep 24 (UNI) The picturesque Araku valley in the eastern Ghats in the district — one of the hot tourist destinations in Andhra Pradesh was utterly desolate on Monday, as Maoists on Sunday shot dead the sitting MLA, K Sarveswara Rao, and the former MLA, S Soma, both Telugu Desam party leaders.

 Sharesee more..
image