QuEST Global SEZ and Indo Schottle signed a MoU to set up a manufacturing unit
Bangalore, June 03, India: The global aerospace engineering & manufacturing major, QuEST Global, today signed a MoU with Indo Schottle to set up a new dedicated facility in the QuEST Global SEZ , Belgaum to manufacture and export Engine Parts & Hydraulic Components and cold forged components. Indo Schottle, primarily an automotive major, will be investing INR 20 crore initially in Quest Global SEZ to mark its entry into the Aerospace sector.
Commenting on the occasion, Aravind Melligeri, Chairman & Co-founder, QuEST Global, said, “We are delighted to have Indo Schottle, which has over 25 years of experience in the auto industry, to be expanding their operations in QuEST Global SEZ and entering into support the aerospace industry.” This also demonstrates QuEST Global SEZ’s commitment to build an ecosystem of qualified suppliers to meet supply chain needs for the global aerospace OEM’s and Tier-1’s.”
Vijay Pusalkar, CMD Indo Schottle said “It gives us immense pleasure to be part of the QuEST Global SEZ and enter into Aerospace vertical leveraging the other supply base of the SEZ. QuEST Global has done a tremendous job in establishing excellent infrastructure at SEZ for the companies to come and operationalize in a very short period of time.”
About QuEST Global SEZ
QuEST Global SEZ is India’s first ever notified precision engineering Special Economic Zone (SEZ) at Belgaum, Karnataka providing the best-in-class facilities and infrastructure for Aerospace, Automotive and Industrial engineering industries. The development is spread over 300 acres and is currently focused on developing the Aerospace supply chain ecosystem for OEMs, suppliers, ancillary and related end user industries. This enables complete offerings of design to build services, right from the concept to the finished product that can be used to build an aircraft. This is a unique offering from QuEST Global that is set to gain widespread appeal in the aerospace industry, as companies consolidate their supply chain and look for more value-add from their suppliers. Along with a facility for QuEST Global Engineering and QuEST Global Manufacturing, API (Aerospace Processing India Pvt. Ltd.), a joint venture between QuEST Global Manufacturing & Magellan Aerospace has also set up a unit for establishing special processing capabilities within the SEZ.
About Indo Schottle:
Indo Schottle Auto parts pvt. Ltd is India’s largest manufacturer of Engine Valve collets, rocker arm screws and turbo charger components. Indo Schottle has its manufacturing facilities in Pune which includes an in-house heat treatment and cold forging facility, In the last two and a half decades, the company has supplied over 400 million parts to its valued OEM customers globally. Indo Schottle has a strength of 850 employees generating a revenue of 100 crores.
Indo Schottle is a TS 16949/ ISO 14001 company. For further information Please log on to www.indoschottle.com
About QuEST Global
We are Quest Global. We’re in the business of engineering, but what we’re really building is a brighter future. It’s not just what we do, but why we do it that makes us different. We believe engineering has the unique opportunity to solve the problems of today that stand in the way of tomorrow. For 25 years, we have strived to be the most trusted partner for the world’s hardest engineering problems. As a global organization headquartered in Singapore, we live and work in 17 countries, with 56 global delivery centers, driven by 13,000+ extraordinary employees who make the impossible possible every day.
Quest Global brings deep industry knowledge and digital expertise to deliver E2E global product engineering services. We bring together technologies and industries alongside the contributions of diverse individuals and their areas of expertise to solve problems better, faster. This multi-dimensional approach enables us to solve the most important and large-scale challenges across the Aerospace & Defense, Automotive, Energy, Hi-Tech, Healthcare, Medical Devices, Rail and Semiconductor industries.
Anubhuti Agarwal: Anubhuti.Agarwal@quest-global.com