The Economic Times

Aequs to invest 1,900 crore in Tamil Nadu aerospace hub; engine manufacturing to drive long-term margin expansion: CEO

Aerospace firm Aequs is investing 1,900 crore in Tamil Nadu over ten years. This move focuses on advanced engine manufacturing, a high-margin segment. The project aims to build a comprehensive aerospace ecosystem in India. Initial investment will be 200-300 crore. Commercial production is expected by FY28. This initiative strengthens India's aerospace capabilities.