Aequs, a manufacturer of consumer durable goods, is set to strengthen its aerospace capabilities and expand its consumer electronics footprint in the coming years. The company plans to establish a Maintenance, Repair, and Overhaul (MRO) facility and onboard 1,000 new employees by March 2026.
These initiatives aim to drive growth and innovation in precision manufacturing.
The recruitment drive will include 300-400 hires in the current fiscal year, boosting its existing workforce of 4,000 to 5,000 employees within the next two years. These roles will primarily focus on precision manufacturing and operations at Aequs’ flagship SEZ in Belagavi, Karnataka.
The hiring push aligns with Aequs’ strategy to enhance its capabilities across sectors. The company plans to launch a new Maintenance, Repair, and Overhaul (MRO) facility in 2025, which will handle turboprop engines.
This facility, a joint venture with Canada’s Magellan Aerospace Corporation, is expected to create additional job opportunities as operations scale up. Aequs is also strengthening its presence in the consumer electronics market, targeting both domestic and export markets. The expansion into this segment is expected to open further avenues for skilled employment.
The SEZ in Belagavi plays a critical role in the company’s success, delivering 60-70 per cent of value addition to its products. This contributes to profitability across aerospace and consumer electronics segments.
By investing in talent and infrastructure, Aequs aims to reinforce its position as a leader in precision manufacturing. The focus on expanding its workforce underscores the company’s commitment to innovation, operational excellence, and long-term growth.