Aequs to set up MRO facility this year, plans to hire more people https://www.taxtmi.com/news?id=31524 Aequs will establish a Maintenance, Repair and Overhaul facility with Magellan Aerospace, initially for turboprop engines, and expand precision consumer electronics exports while leveraging its notified Special Economic Zone (SEZ) integrated manufacturing capability. The company plans staged workforce increases to support expansion and intends to fund growth from internal resources with a rights issue as a contingency, utilising existing joint ventures for chemical processing, forgings and aerostructure sub assemblies to achieve its five year revenue roadmap. en-us Sun, 26 Jan 2025 18:16:03 +0530 Sun, 26 Jan 2025 18:16:03 +0530 TaxTMI RSS Generator Aequs to set up MRO facility this year, plans to hire more people https://www.taxtmi.com/news?id=31524 Aequs will establish a Maintenance, Repair and Overhaul facility with Magellan Aerospace, initially for turboprop engines, and expand precision consumer electronics exports while leveraging its notified Special Economic Zone (SEZ) integrated manufacturing capability. The company plans staged workforce increases to support expansion and intends to fund growth from internal resources with a rights issue as a contingency, utilising existing joint ventures for chemical processing, forgings and aerostructure sub assemblies to achieve its five year revenue roadmap. News - Sun, 26 Jan 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=31524