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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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.
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.
