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Aequs signs MoU with Government of Karnataka

27 Mar 2026 Evaluate

Aequs has entered into a non-binding Memorandum of Understanding (MoU) with the Government of Karnataka on March 26, 2026 for statutory & regulatory facilitation of proposed expansion of manufacturing facilities in Aequs Special Economic Zone, Belagavi and in Hubballi Durable Goods Cluster in Itigatti and Gamanagatti Industrial Area, Hubballi through its subsidiaries. The estimated cumulative investment (including investments already made and proposed) in these projects is around Rs 2,856 crore over a period of five years from FY 2026.

Aequs provides a fully vertically integrated, precision manufacturing ecosystem for the aerospace and consumer sectors. 


Peers
Company Name CMP
Hindustan Aeronaut. 4614.95
Bharat Electronics 383.50
Aequs 274.90
Astra Microwave Prod 1623.70
Axiscades Tech. 2304.25
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