Canadian aerospace systems manufacturer Magellan Aerospace Corporation signed a memorandum of understanding (MoU) with Belagavi-headquartered contract manufacturing company Aequs to establish a sand-casting facility at the Belagavi Aerospace Cluster (BAC) in Karnataka on Thursday.
The joint venture aims to meet the sand casting demands in the growing aerospace industry. This increased sand-casting capacity would support both commercial and defence sectors, Aequs said.
This new venture aims to enhance sand casting capabilities in Southeast Asia….