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Bangalore, India, October 13, 2008 - QuEST Global, a
leading provider of outsourced engineering services and
manufacturing, announced today that it has received the
Government of India notification for its SEZ (Special
Economic Zone) in Belgaum, Karnataka. QuEST Global has also
received approval for the units that are coming up in phase
1 of the SEZ.
QuEST Global’s SEZ will be a sector specific precision
engineering SEZ, covering over 300 acres of land in the
initial phase. This notification allows QuEST Global to
lease out the land and also provide build-to-suit
requirements in the SEZ to other prospects who would like to
set up their business units in QuEST Global’s precision
engineering SEZ. The SEZ will provide world class
infrastructure in the industrial estate, concentrating
mainly on aerospace and automotive related industries. Phase
1 of the SEZ will be operational by December 2008, and Phase
2 is expected to be operational by June 2009.
QuEST Global SEZ has already signed up with 3 clients,
namely QuEST Global Engineering, QuEST Global Manufacturing
and Aerospace Processing India (API), a joint venture
between QuEST and Magellan Aerospace for establishing
special aerospace processing capabilities in India.
At the SEZ in Belgaum, API’s facility of 17,500 sq. ft. will
support activities such as chromic acid anodizing line,
titanium etching, shot peen, paint and primer booth, MPI and
FPI in the initial phase. QuEST Global Manufacturing will
expand its existing precision machining operations that are
currently set up in Bangalore and QuEST Global Engineering
will set up an engineering services facility, to provide low
cost engineering services.
By starting operations in Belgaum which is a Tier 3 town in
India, QuEST Global Engineering is pioneering the way to
ensure low cost delivery of engineering in the future also.
QuEST Global has obtained specific unit approvals for all
the 3 units along with a sanction for the industrial layout.
“Belgaum, as a hub for setting up a supply chain for the
Aerospace industry, is the perfect destination as it is
ideally located in the industrial heartland of Karnataka,
Maharashtra and Goa, thereby providing access to a large
number of manufacturing and machining talent. It is also
excellently located in terms of logistics, being just off
the Golden Quadrilateral NH4 highway (Bangalore-Pune-Mumbai
highway), with proximity to 3 sea ports (Goa, Karwar and
Mumbai) and 3 airports (Belgaum, Hubli and Kolhapur). In
addition, the presence of a number of educational institutes
in the region, will ensure a good supply of engineers at all
levels. Along with engineering services and manufacturing,
QuEST now has a precision engineering SEZ, of which are very
few in the country. This move demonstrates QuEST Global’s
thought leadership, which sets it apart from its
competitors.” said Aravind Melligeri, Chairman & Co-founder,
QuEST.
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