Sunday, November 15, 2009

Belgaum gets an aerospace SEZ

BELGAUM: India’s aerospace engineering and manufacturing segment took a leap on Saturday with the launch of a 300-acre aerospace SEZ (special
economic zone) in Belgaum , North Karnataka.

In attendance on the momentous occasion were senior representatives of aircraft and aircraft-component makers from around the world, including Boeing,EADS (Airbus),Rolls Royce,Pratt & Whitney,United Technologies and Lockheed Martin.
Boeing India president Dinesh Keskar said this was the only facility of its kind outside HAL.The SEZ, promoted by Quest Global, aims to be a one-stop shop for everything from engineering-design services to manufacture of aircraft parts and sub-systems.

The SEZ has seen an investment of Rs 150 crore from Quest, and hosts three operations — an engineering services facility, a precision machining facility and a sheet metal facility. The last of these is in a joint venture with Canada’s Magellan Aerospace.

Three more MoUs were announced on Saturday; one was with with Belgian aerospace company SABCA to manufacture metallic parts and assembly work for the Airbus A350. This deal is expected to be worth $100 million over the next ten years. A second MoU was signed with Magellan to evaluate setting up a dedicated facility to manufacture components and sub-assemblies for aero engines . The third MoU was with Farinia Geie, a French foundry and forgings company to establish an aerospace forging facility.

Magellan VP Konrad Hahnelt said Quest had done complex work for Magellan which had encouraged the company to expand its relationship. “Setting up the kind of processing facility that we have in the SEZ is also complex, because such facilities have to get numerous approvals,” he said.

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