Magellan Aerospace Partners With Aequs Private Limited to Explore Setting Up a Sand Casting Facility in India
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 06 2025
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Should l Buy ?
Source: Businesswire
Joint Venture Announcement: Magellan Aerospace and Aequs Private Limited have signed a Memorandum of Understanding to explore the establishment of a 50/50 joint aerospace sand casting facility in the Belagavi Aerospace Cluster, India, aimed at enhancing sand casting capabilities for the growing aerospace industry.
Growth in Aerospace Sector: The proposed facility will support both commercial and defense sectors, addressing the limited number of aerospace-qualified NADCAP sand casting facilities in India, while leveraging advancements in technology to meet the increasing demand for air travel and manufacturing processes.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
